This bill proposes an amendment to Minnesota Statutes 2024, specifically section 290.0132, to establish an income tax subtraction for volunteer fire and rescue workers. The new subdivision, Subd. 36, allows taxpayers who are volunteer rescue workers to subtract $10,000 from their income tax. Additionally, married couples filing jointly can subtract $20,000 if both spouses qualify as volunteer rescue workers. The bill defines "qualified rescue work" to include roles such as volunteer firefighters, ambulance service personnel, emergency medical responders, and members of volunteer search and rescue teams.

The bill also provides definitions for key terms, including "full-time basis," which is defined as working 1,600 hours or more in a calendar year, and "volunteer rescue worker," which refers to individuals who perform at least 40 hours of qualified rescue work during the taxable year on a volunteer, part-time, or paid-on-call basis, but not on a full-time basis. The provisions of this bill will take effect for taxable years beginning after December 31, 2024.

Statutes affected:
Introduction: 290.0132