as introduced - 91st Legislature (2019 - 2020) Posted on 03/21/2019 02:31pm
A bill for an act
relating to taxation; property tax refunds; reducing the percent of taxes paid by
refund claimants; amending Minnesota Statutes 2018, section 290A.04, subdivision
2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2018, section 290A.04, subdivision 2, is amended to read:
A claimant whose property taxes
payable are in excess of the percentage of the household income stated below shall pay an
amount equal to the percent of income shown for the appropriate household income level
along with the percent to be paid by the claimant of the remaining amount of property taxes
payable. The state refund equals the amount of property taxes payable that remain, up to
the state refund amount shown below.
Household Income |
Percent of Income |
Percent Paid by Claimant |
Maximum State Refund |
|
deleted text begin
$0 to 1,619 deleted text end new text begin $0 to 1,769 new text end |
1.0 percent |
deleted text begin
15 percent deleted text end new text begin 12 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
1,620 to 3,229 deleted text end new text begin 1,770 to 3,529 new text end |
1.1 percent |
deleted text begin
15 percent deleted text end new text begin 12 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
3,230 to 4,889 deleted text end new text begin 3,530 to 5,349 new text end |
1.2 percent |
deleted text begin
15 percent deleted text end new text begin 12 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
4,890 to 6,519 deleted text end new text begin 5,350 to 7,129 new text end |
1.3 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
6,520 to 8,129 deleted text end new text begin 7,130 to 8,899 new text end |
1.4 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
8,130 to 11,389 deleted text end new text begin 8,900 to 12,459 new text end |
1.5 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
11,390 to 13,009 deleted text end new text begin 12,460 to 14,239 new text end |
1.6 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
13,010 to 14,649 deleted text end new text begin 14,240 to 16,029 new text end |
1.7 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
14,650 to 16,269 deleted text end new text begin 16,030 to 17,799 new text end |
1.8 percent |
deleted text begin
20 percent deleted text end new text begin 16 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
16,270 to 17,879 deleted text end new text begin 17,800 to 19,569 new text end |
1.9 percent |
deleted text begin
25 percent deleted text end new text begin 20 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
17,880 to 22,779 deleted text end new text begin 19,570 to 24,929 new text end |
2.0 percent |
deleted text begin
25 percent deleted text end new text begin 20 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
22,780 to 24,399 deleted text end new text begin 24,930 to 26,699 new text end |
2.0 percent |
deleted text begin
30 percent deleted text end new text begin 24 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
24,400 to 27,659 deleted text end new text begin 26,700 to 30,269 new text end |
2.0 percent |
deleted text begin
30 percent deleted text end new text begin 24 percent new text end |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
27,660 to 39,029 deleted text end new text begin 30,270 to 42,709 new text end |
2.0 percent |
35 percent |
$ |
deleted text begin
2,580 deleted text end new text begin 2,820 new text end |
deleted text begin
39,030 to 56,919 deleted text end new text begin 42,710 to 62,279 new text end |
2.0 percent |
35 percent |
$ |
deleted text begin
2,090 deleted text end new text begin 2,290 new text end |
deleted text begin
56,920 to 65,049 deleted text end new text begin 62,280 to 71,179 new text end |
2.0 percent |
40 percent |
$ |
deleted text begin
1,830 deleted text end new text begin 2,000 new text end |
deleted text begin
65,050 to 73,189 deleted text end new text begin 71,180 to 80,089 new text end |
2.1 percent |
40 percent |
$ |
deleted text begin
1,510 deleted text end new text begin 1,650 new text end |
deleted text begin
73,190 to 81,319 deleted text end new text begin 80,090 to 88,979 new text end |
2.2 percent |
40 percent |
$ |
deleted text begin
1,350 deleted text end new text begin 1,480 new text end |
deleted text begin
81,320 to 89,449 deleted text end new text begin 88,980 to 97,879 new text end |
2.3 percent |
40 percent |
$ |
deleted text begin
1,180 deleted text end new text begin 1,290 new text end |
deleted text begin
89,450 to 94,339 deleted text end new text begin 97,880 to 103,229 new text end |
2.4 percent |
45 percent |
$ |
deleted text begin
1,000 deleted text end new text begin 1,090 new text end |
deleted text begin
94,340 to 97,609 deleted text end new text begin 103,230 to 106,809 new text end |
2.5 percent |
45 percent |
$ |
deleted text begin
830 deleted text end new text begin 910 new text end |
deleted text begin
97,610 to 101,559 deleted text end new text begin 106,810 to 111,129 new text end |
2.5 percent |
50 percent |
$ |
deleted text begin
680 deleted text end new text begin 740 new text end |
deleted text begin
101,560 to 105,499 deleted text end new text begin 111,130 to 115,439 new text end |
2.5 percent |
50 percent |
$ |
deleted text begin
500 deleted text end new text begin 550 new text end |
The payment made to a claimant shall be the amount of the state refund calculated under
this subdivision. No payment is allowed if the claimant's household income is deleted text begin $105,500deleted text end new text begin
$115,440new text end or more.
new text begin
This section is effective for refunds based on property taxes
payable after December 31, 2019.
new text end