Now that the legislative session has come to an end I wanted to take a moment to share with our members some great news. After nearly two decades Minnesota has finally passed a tax exemption for military retirement benefits. The tax exemption was included with the supplemental budget bill Gov. Dayton signed into law last week.
I reached out to Rep. Dettmer’s office for comment. Here is what he sent:
“This measure was the result of many people working over the last two decades, and persistence in negotiations with the Senate. There are approximately 18,000 retired veterans who live in our state, and this bill will encourage them to stay in our communities and workforce once they retire from service. Minnesota is now the 46th state to exempt military retirement benefits. In my mind, this provision was not just a good thing to do, it was the right thing to do, and I am so happy that this measure finally passed this year.” -Rep. Bob Dettmer
I would like to thank Rep. Dettmer for his tireless work on behalf of Minnesota’s Veterans. If he is your representative I would encourage you to reach out and show your appreciation.
The new subtraction for military retirement pay is effective for taxable years beginning after December 31, 2015.
I was heartened to see the tax exemption was truly a bipartisan effort, this is especially notable because overall it does not appear this was a particularly effective session.
I would like to give a very special thank you to some of our members who reached out to their lawmakers as the session was coming to its chaotic close. I had received word that some instrumental lawmakers may have been flagging in their support of this important legislation. I made several calls on behalf of the DAV of MN, however, I have no doubt it was the calls from our members in the specific districts that helped to push this important legislation through.
I will continue to comb through the legislation from this past session, as well as keep an eye on any potential special session. We still have some very important legislative initiatives that gained zero traction this past session so our mission is far from accomplished.
In the coming weeks I will be reaching out with several initiatives to ensure we are ahead of the curve for the next session.
As always if you have any questions, suggestion or concerns you can reach me at: [email protected] or 651-788-3186.
Trent Christian Dilks
DAV of Minnesota
Hospital Service Coordinator/Dept Service Officer
Ph: 320-255-6480 ext 6676