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HF2315 (Legislative Session 94 (2025-2026))

Targeting additional property tax refund expanded.

AI Generated Summary

This Minnesota House bill, H.F. No. 2315, proposes expanding the targeting additional property tax refund for homeowners facing significant property tax increases.

Key Changes in the Bill:

  1. Lower Threshold for Eligibility:

    • Currently, homeowners qualify for the additional refund if their property tax increases by more than 12% and at least $100 year-over-year.
    • The bill reduces the threshold to 6%, while maintaining the $100 minimum increase requirement.

  2. Increased Maximum Refund:

    • The maximum additional refund a homeowner can receive is currently $1,000.
    • The bill raises the cap to $2,500.

  3. Exclusion of Property Improvements:

    • Any property tax increase due to home improvements after the previous assessment date does not qualify for the refund.

  4. Administrative and Compliance Changes:

    • Homeowners must submit their previous year's property tax statement with their property tax refund application.
    • County officials must provide taxpayer information electronically to facilitate refund notifications, but the data can only be used for informing homeowners and assisting them with filing claims.
    • Counties may charge a reasonable fee for preparing and sharing the requested data.

Overall Purpose of the Bill:

This amendment aims to provide greater financial relief to homeowners experiencing sharp increases in property taxes, making the refund more accessible and increasing the maximum benefit.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 12, 2025HouseFloorActionIntroduction and first reading, referred toTaxes
March 12, 2025HouseFloorActionIntroduction and first reading, referred toTaxes
March 16, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "New provisions for electronic access to eligible homeowner data."
      ],
      "removed": [
        ""
      ],
      "summary": "The bill amends the eligibility criteria and maximum amount for additional property tax refunds under section 290A.04, subdivision 2h.",
      "modified": [
        "Increases maximum refund amount from $1000 to $2500.",
        "Changes percentage threshold for refunds from 12% to a different structure."
      ]
    },
    "citation": "290A.04",
    "subdivision": "subdivision 2h"
  }
]

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