as introduced - 93rd Legislature (2023 - 2024) Posted on 03/09/2023 12:49pm
Engrossments | ||
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Introduction | Posted on 03/09/2023 |
A bill for an act
relating to taxation; property tax refunds; temporarily expanding the additional
targeting property tax refund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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Notwithstanding any law to the contrary, for refunds based on property taxes payable
in 2023 and 2024, the refund calculated under Minnesota Statutes, section 290A.04,
subdivision 2h, must be calculated by substituting:
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(1) six percent for 12 percent;
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(2) $3,000 for $2,000; and
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(3) 75 percent for 60 percent.
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This section is effective for refunds based on property taxes
payable in 2023 and 2024 only.
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