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 2020, 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 2020, 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
$1,920 to $3,820
	1.1 percent
	15 percent
10 percent
	$
	2,770
3,360
	
1.20
1.21	3,460 to 5,239
$3,820 to $5,790
	1.2 percent
	15 percent
10 percent
	$
	2,770
3,360
	
1.22
1.23	5,240 to 6,989
$5,790 to $7,730
	1.3 percent
	20 percent
15 percent
	$
	2,770
3,360
	
1.24
1.25	6,990 to 8,719
$7,730 to $9,640
	1.4 percent
	20 percent
15 percent
	$
	2,770
3,360
	
1.26
1.27	8,720 to 12,219
$9,640 to $13,510
	1.5 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.1
2.2	12,220 to 13,949
$13,510 to $15,420
	1.6 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.3
2.4	13,950 to 15,709
$15,420 to $17,370
	1.7 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.5
2.6	15,710 to 17,449
$17,370 to $19,290
	1.8 percent
	20 percent
15 percent
	$
	2,770
3,360
	
2.7
2.8	17,450 to 19,179
$19,290 to $21,200
	1.9 percent
	25 percent
15 percent
	$
	2,770
3,360
	
2.92.10
	19,180 to 24,429
$21,200 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
$27,010 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
$28,930 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
$32,800 to $46,270
	2.0 percent
	35 percent
25 percent
	$
	2,770
3,360
	
2.17
2.18	41,860 to 61,049
$46,270 to $67,490
	2.0 percent
	35 percent
25 percent
	$
	2,240
2,780
	
2.19
2.20	61,050 to 69,769
$67,490 to $77,130
	2.0 percent
	40 percent
30 percent
	$
	1,960
2,470
	
2.21
2.22	69,770 to 78,499
$77,130 to $86,780
	2.1 percent
	40 percent
30 percent
	$
	1,620
2,090
	
2.23
2.24	78,500 to 87,219
$86,780 to $96,420
	2.2 percent
	40 percent
35 percent
	$
	1,450
1,900
	
2.25
2.26	87,220 to 95,939
$96,420 to $106,060
	2.3 percent
	40 percent
35 percent
	$
	1,270
1,700
	
2.27
2.28	95,940 to 101,179
$106,060 to $111,850
	2.4 percent
	45 percent
40 percent
	$
	1,070
1,480
	
2.29
2.30	101,180 to 104,689
$111,850 to $115,730
	2.5 percent
	45 percent
40 percent
	$
	890
1,280
	
2.31
2.32	104,690 to 108,919
$115,730 to $120,410
	2.5 percent
	50 percent
45 percent
	$
	730
1,110
	
2.33
2.34	108,920 to 113,149
$120,410 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 	$125,080 or more.

2.38 	EFFECTIVE DATE. This section is effective for claims based on property taxes payable 
2.39 	in 2023 and following years.

3.1 	Sec. 2. Minnesota Statutes 2020, 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 2022. 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 2024 and following years.