1.1 	A bill for an act
1.2 	relating to taxation; individual income; establishing a two-year income tax holiday 
1.3 	for certain police officers.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. INCOME TAX HOLIDAY; POLICE OFFICERS.
 1.6 	(a) Notwithstanding any law to the contrary, for taxable years beginning after December 
1.7 	31, 2024, and before January 1, 2027, an individual who is an eligible police officer may 
1.8 	elect to receive an exemption from the individual income tax under Minnesota Statutes, 
1.9 	chapter 290.
1.10 	(b) An eligible police officer who is eligible for a refundable credit in excess of the 
1.11 	individual's liability for tax may still file and claim a return for a taxable year covered by 
1.12 	this section.
1.13 	(c) For the purposes of this section, "eligible police officer" means an individual who:
1.14 	(1) worked at least 1,000 hours in Minnesota during the taxable year as a peace officer, 
1.15 	as defined in Minnesota Statutes, section 626.84, subdivision 1, paragraph (c); and
1.16 	(2) had adjusted gross income during the taxable year that did not exceed $75,000, or 
1.17 	$150,000 for a married taxpayer filing a joint return.
1.18 	(d) The definitions in Minnesota Statutes, section 290.01, apply for this section.

1.19 	EFFECTIVE DATE. This section is effective for taxable years beginning after December 
1.20 	31, 2024, and before January 1, 2027.