Individual income tax subtraction for income earned by taxpayers with three or more children established.

This bill creates a new tax subtraction for Minnesota residents who have three or more children under age 18. It would allow these families to subtract their earned income from their state taxable income, potentially lowering their income tax liability. The provision applies to income included in adjusted gross income and requires dependents to qualify for a standard exemption. The change would take effect for tax years beginning after December 31, 2025.