HF 3142

as introduced - 88th Legislature (2013 - 2014) Posted on 03/17/2014 02:18pm

A bill for an act
relating to taxation; homestead credit refunds and renter property tax refunds;
increasing the amount paid for refunds based on taxes payable in 2014 and rent
paid in 2013 only; appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin HOMESTEAD CREDIT REFUND AND RENTER PROPERTY TAX
REFUND INCREASE.
new text end

new text begin Subdivision 1. new text end

new text begin Homestead credit refund increase. new text end

new text begin For claims filed based on taxes
payable in 2014, the commissioner shall increase by ....... percent the refund otherwise
payable under Minnesota Statutes, section 290A.04, subdivision 2.
new text end

new text begin Subd. 2. new text end

new text begin Renter property tax refund increase. new text end

new text begin For claims filed based on rent paid
in 2013, the commissioner shall increase by ....... percent the refund otherwise payable
under Minnesota Statutes section 290A.04, subdivision 2a.
new text end

new text begin Subd. 3. new text end

new text begin Appropriation. new text end

new text begin The amount necessary to make the payments required
under this section in fiscal years 2015 and 2016 is appropriated from the general fund
to the commissioner of revenue.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for refund claims based on taxes
payable in 2014 and rent paid in 2013 only.
new text end