1.1 	A bill for an act
1.2 	relating to taxation; property tax refunds; reducing renter's credit co-pays;amending 
1.3 	Minnesota Statutes 2020, section 290A.04, subdivisions 2a, 4.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2020, section 290A.04, subdivision 2a, is amended to read:
1.6 		Subd. 2a.Renters. A claimant whose rent constituting property taxes exceeds the 
1.7 	percentage of the household income stated below must pay an amount equal to the percent 
1.8 	of income shown for the appropriate household income level along with the percent to be 
1.9 	paid by the claimant of the remaining amount of rent constituting property taxes. The state 
1.10 	refund equals the amount of rent constituting property taxes that remain, up to the maximum 
1.11 	state refund amount shown below.

1.141.13
1.12
	Household Income
	Percent of Income
	Percent Paid by
Claimant
	Maximum 
State
Refund
	
1.15
1.16	$0 to 5,269
5,880
	1.0 percent
	5
2.5 percent
	$
	2,150
2,400
	
1.17
1.18	5,270 to 6,999
5,880 to 7,810
	1.0 percent
	10
5 percent
	$
	2,150
2,400
	
1.19
1.20	7,000 to 8,749
7,810 to 9,770
	1.1 percent
	10
5 percent
	$
	2,090
2,330
	
1.21
1.22	8,750 to 12,269
9,770 to 13,700
	1.2 percent
	10
5 percent
	$
	2,040
2,280
	
1.23
1.24	12,270 to 15,779
13,700 to 17,610
	1.3 percent
	15
10 percent
	$
	1,980
2,210
	
1.25
1.26	15,780 to 17,519
17,610 to 19,560
	1.4 percent
	15
10 percent
	$
	1,930
2,150
	
2.1
2.2	17,520 to 19,259
19,560 to 21,500
	1.4 percent
	20
15 percent
	$
	1,880
2,100
	
2.3
2.4	19,260 to 22,779
21,500 to 25,430
	1.5 percent
	20
15 percent
	$
	1,820
2,030
	
2.5
2.6	22,780 to 24,529
25,430 to 27,380
	1.6 percent
	20
15 percent
	$
	1,770
1,980
	
2.7
2.8	24,530 to 26,279
27,380 to 29,330
	1.7 percent
	25
20 percent
	$
	1,770
1,980
	
2.92.10
	26,280 to 29,789
29,330 to 33,250
	1.8 percent
	25
20 percent
	$
	1,770
1,980
	
2.11
2.12	29,790 to 31,529
33,250 to 35,190
	1.9 percent
	30
25 percent
	$
	1,770
1,980
	
2.13
2.14	31,530 to 36,789
35,190 to 41,060
	2.0 percent
	30
25 percent
	$
	1,770
1,980
	
2.15
2.16	36,790 to 42,039
41,060 to 46,920
	2.0 percent
	35
30 percent
	$
	1,770
1,980
	
2.17
2.18	42,040 to 49,059
46,920 to 54,760
	2.0 percent
	40
35 percent
	$
	1,770
1,980
	
2.19
2.20	49,060 to 50,799
54,760 to 56,700
	2.0 percent
	45
35 percent
	$
	1,610
1,800
	
2.21
2.22	50,800 to 52,559
56,700 to 58,670
	2.0 percent
	45
35 percent
	$
	1,450
1,620
	
2.23
2.24	52,560 to 54,319
58,670 to 60,630
	2.0 percent
	45
35 percent
	$
	1,230
1,370
	
2.25
2.26	54,320 to 56,059
60,630 to 62,570
	2.0 percent
	50
35 percent
	$
	1,070
1,190
	
2.27
2.28	56,060 to 57,819
62,570 to 64,540
	2.0 percent
	50
35 percent
	$
	970
1,080
	
2.29
2.30	57,820 to 59,569
64,540 to 66,490
	2.0 percent
	50
35 percent
	$
	540
600
	
2.31
2.32	59,570 to 61,319
66,490 to 68,440
	2.0 percent
	50
35 percent
	$
	210
230
	
2.33 	The payment made to a claimant is the amount of the state refund calculated under this 
2.34 	subdivision. No payment is allowed if the claimant's household income is $61,320 $68,440
2.35 	or more.

2.36 	EFFECTIVE DATE. This section is effective for refunds based on rent paid in 2022 
2.37 	and following years.

2.38 	Sec. 2. Minnesota Statutes 2020, section 290A.04, subdivision 4, is amended to read:
2.39 		Subd. 4.Inflation adjustment.  The commissioner shall annually adjust the dollar 
2.40 	amounts of the income thresholds and the maximum refunds under subdivisions 2 and 2a 
3.1 	as provided in section 270C.22. The statutory year for subdivision 2a is 2022. The statutory 
3.2 	year for subdivision 2 is 2018.

3.3 	EFFECTIVE DATE. This section is effective for claims based on rent paid in 2023 
3.4 	and following years.