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Bill would extend Minnesota pension subtraction to retired foreign service officers; committee adopts technical amendment
Summary
Senate File 211 (as amended) would add retired foreign service officers’ pensions to Minnesota’s public-pension subtraction; the committee adopted an author’s A1 technical amendment and laid the bill over for possible inclusion.
Senate File 211, a bill to provide a state income-tax subtraction for foreign service pensions similar to the subtraction available for military pensions, was presented to the Minnesota Senate Taxes Committee. Sponsor Sen. Roger Klein offered an author’s A1 technical amendment to broaden coverage to retirees who retired before 1980; the committee adopted that amendment by voice vote.
Sen. Klein said the subtraction would place foreign service pension income in the same treatment category as military pension income for Minnesota taxpayers, which he said would apply to a small number of Minnesotans. Committee testimony included Carl Olson, a retired foreign service officer who described his career and urged the committee to consider parity with military pension treatment. Sen. Klein said the measure is expected to cover roughly 30 Minnesotans and that an initial revenue estimate placed the cost at about $10,000.
The committee recorded adoption of the author’s A1 amendment and laid Senate File 211, as amended, over for possible inclusion in future committee work.
