1.1 	A bill for an act
1.2 	relating to taxation; individual income; establishing a subtraction for AmeriCorps 
1.3 	stipends and living allowances;amending Minnesota Statutes 2024, section 
1.4 	290.0132, subdivision 16.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2024, section 290.0132, subdivision 16, is amended to read:
1.7 		Subd. 16.AmeriCorps living allowances and stipends; national service educational 
1.8 	awards. The following amounts are a subtraction:
1.9 	(1) a stipend paid to an AmeriCorps volunteer under United States Code, title 42, section 
1.10 	4955;
1.11 	(2) a living allowance provided to a National Civilian Community Corps volunteer under 
1.12 	United States Code, title 42, section 12618;
1.13 	(3) a stipend paid to an AmeriCorps Seniors volunteer under United States Code, title 
1.14 	42, sections 5011 and 5013(b); and
1.15 	(4) a national service educational awards award received from the National Service Trust 
1.16 	under United States Code, title 42, sections 12601 to 12604, for service in an approved 
1.17 	Americorps National Service program are a subtraction.

1.18 	EFFECTIVE DATE. This section is effective for taxable years beginning after December 
1.19 	31, 2025.