1.1 	A bill for an act
1.2 	relating to taxation; property tax refunds; reducing co-pays, reducing thresholds, 
1.3 	and increasing maximum refunds for the homestead credit refund;amending 
1.4 	Minnesota Statutes 2022, section 290A.04, subdivisions 2, 4.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2022, section 290A.04, subdivision 2, is amended to read:
1.7 		Subd. 2.Homeowners; homestead credit refund. A claimant whose property taxes 
1.8 	payable are in excess of the percentage of the household income stated below shall pay an 
1.9 	amount equal to the percent of income shown for the appropriate household income level 
1.10 	along with the percent to be paid by the claimant of the remaining amount of property taxes 
1.11 	payable. The state refund equals the amount of property taxes payable that remain, up to 
1.12 	the state refund amount shown below.

1.151.14
1.13
	Household Income
	Percent of Income
	Percent Paid by
Claimant
	Maximum 
State
Refund
	
1.16
1.17	$0 to 1,739
$0 to $1,920
	1.0 percent
	15 percent
10 percent
	$
	2,770
3,360
	
1.18
1.19	1,740 to 3,459
$1,921 to $3,820
	1.1 percent
	15 percent
10 percent
	$
	2,770
3,360
	
1.20
1.21	3,460 to 5,239
$3,821 to $5,790
	1.2 percent
	15 percent
10 percent
	$
	2,770
3,360
	
1.22
1.23	5,240 to 6,989
$5,791 to $7,730
	1.3 percent
	20 percent
15 percent
	$
	2,770
3,360
	
1.24
1.25	6,990 to 8,719
$7,731 to $9,640
	1.4 percent
	20 percent
15 percent
	$
	2,770
3,360
	
1.26
1.27	8,720 to 12,219
$9,641 to $13,510
	1.5 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.1
2.2	12,220 to 13,949
$13,511 to $15,420
	1.6 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.3
2.4	13,950 to 15,709
$15,421 to $17,370
	1.7 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.5
2.6	15,710 to 17,449
$17,371 to $19,290
	1.8 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.7
2.8	17,450 to 19,179
$19,291 to $21,200
	1.9 percent
	25 percent
15 percent
	$
	2,770
3,360
	
2.92.10
	19,180 to 24,429
$21,201 to $27,010
	2.0 percent
1.9 percent
	25 percent
15 percent
	$
	2,770
3,360
	
2.11
2.12	24,430 to 26,169
$27,011 to $28,930
	2.0 percent
1.9 percent
	30 percent
20 percent
	$
	2,770
3,360
	
2.13
2.14	26,170 to 29,669
$28,931 to $32,800
	2.0 percent
1.9 percent
	30 percent
20 percent
	$
	2,770
3,360
	
2.15
2.16	29,670 to 41,859
$32,801 to $46,270
	2.0 percent
	35 percent
25 percent
	$
	2,770
3,360
	
2.17
2.18	41,860 to 61,049
$46,271 to $67,490
	2.0 percent
	35 percent
25 percent
	$
	2,240
2,780
	
2.19
2.20	61,050 to 69,769
$67,491 to $77,130
	2.0 percent
	40 percent
30 percent
	$
	1,960
2,470
	
2.21
2.22	69,770 to 78,499
$77,131 to $86,780
	2.1 percent
	40 percent
30 percent
	$
	1,620
2,090
	
2.23
2.24	78,500 to 87,219
$86,781 to $96,420
	2.2 percent
	40 percent
35 percent
	$
	1,450
1,900
	
2.25
2.26	87,220 to 95,939
$96,421 to $106,060
	2.3 percent
	40 percent
35 percent
	$
	1,270
1,700
	
2.27
2.28	95,940 to 101,179
$106,061 to $111,850
	2.4 percent
	45 percent
40 percent
	$
	1,070
1,480
	
2.29
2.30	101,180 to 104,689
$111,851 to $115,730
	2.5 percent
	45 percent
40 percent
	$
	890
1,280
	
2.31
2.32	104,690 to 108,919
$115,731 to $120,410
	2.5 percent
	50 percent
45 percent
	$
	730
1,110
	
2.33
2.34	108,920 to 113,149
$120,411 to $125,080
	2.5 percent
	50 percent
45 percent
	$
	540
900
	
2.35 	The payment made to a claimant shall be the amount of the state refund calculated under 
2.36 	this subdivision. No payment is allowed if the claimant's household income is $113,150
2.37 	$125,081 or more.

2.38 	EFFECTIVE DATE. This section is effective for claims based on property taxes payable 
2.39 	in 2024 and following years.

3.1 	Sec. 2. Minnesota Statutes 2022, section 290A.04, subdivision 4, is amended to read:
3.2 		Subd. 4.Inflation adjustment.  The commissioner shall annually adjust the dollar 
3.3 	amounts of the income thresholds and the maximum refunds under subdivisions 2 and 2a 
3.4 	as provided in section 270C.22. The statutory year for subdivision 2 is 2023. The statutory 
3.5 	year for subdivision 2a is 2018.

3.6 	EFFECTIVE DATE. This section is effective for claims based on property taxes payable 
3.7 	in 2025 and following years.