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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 213 - Modifications to Definition of "Qualified Individual" for Military Service Credit Eligibility
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Author:
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Senator Bruce D. Anderson
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Prepared By:
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Nora Pollock, Senate Counsel (651/297-8066)
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Date:
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March 19, 2013
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Minnesota allows qualified individuals a refundable income tax credit for past military service. Under current law, a “qualified individual” is a person who has been separated from the military in the taxable year for which the credit is claimed, and either have served at least 20 years in the military, or have a service-connected disability rating of 100 percent for a total and permanent disability. This bill modifies the definition of “qualified individual” so that a person who has been separated from the military in the taxable year for which the credit is claimed and meets any of the following criteria is eligible:
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at least 20 years of service in the military;
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a service-connected disability rating of 100 percent for a total and permanent disability; or
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determined by the military to be eligible for pension or other retirement compensation, as defined and computed under federal law.
Effective beginning tax year 2013.
NBP:dv
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Last review or update: 03/19/2013
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