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HF 756

Dependent exemption doubled.

2025-2026 Regular Session Introduced by Kristin Robbins and 1 co-sponsor

Minnesota bill doubles dependent tax exemptions, reducing state income taxes for families with children but decreasing state revenue by uncertain amount.

Author added Scott
#taxation-income
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WeVote Research Nonpartisan
Bill Summary · HF 756

Legislative bill overview

HF 756 proposes to double the dependent exemption in Minnesota's tax code, increasing the amount taxpayers can deduct for each qualifying dependent. The bill was introduced in February 2025 and is currently in the House Taxes Committee for review.

Why is this important

Doubling the dependent exemption would reduce taxable income for families with children or other dependents, potentially lowering their state income tax liability. This affects middle and lower-income families most directly, as they're more likely to claim dependent exemptions and could see meaningful tax relief.

Potential points of contention

  • Revenue impact: Doubling exemptions reduces state tax revenue, requiring lawmakers to either cut spending or increase other taxes to maintain the budget
  • Benefit distribution: Higher-income families with more dependents would receive larger absolute tax reductions, though lower-income families benefit proportionally more
  • Inflation and fiscal timing: The bill's implementation cost during current economic conditions and whether it's the priority use of tax capacity remains debatable

Compiled from official sources — confirm details with the bill’s official record.

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