1.1 	A bill for an act
1.2 	relating to taxation; property tax refunds; increasing the renter's credit income cap; 
1.3 	reducing co-pays; increasing maximum refunds;amending Minnesota Statutes 
1.4 	2020, section 290A.04, subdivisions 2a, 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 2a, is amended to read:
1.7 		Subd. 2a.Renters. A claimant whose rent constituting property taxes exceeds the 
1.8 	percentage of the household income stated below must pay an amount equal to the percent 
1.9 	of income shown for the appropriate household income level along with the percent to be 
1.10 	paid by the claimant of the remaining amount of rent constituting property taxes. The state 
1.11 	refund equals the amount of rent constituting property taxes that remain, up to the maximum 
1.12 	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 5,269
5,830
	1.0 percent
	5 percent
	$
	2,150
2,380
	
1.18
1.19	5,270 to 6,999
5,830 to 7,740
	1.0 percent
	10 percent
	$
	2,150
2,380
	
1.20
1.21	7,000 to 8,749
7,740 to 9,670
	1.1 percent
	10 percent
	$
	2,090
2,310
	
1.22
1.23	8,750 to 12,269
9,670 to 13,560
	1.2 percent
	10 percent
	$
	2,040
2,260
	
1.24
1.25	12,270 to 15,779
13,560 to 17,440
	1.3 percent
	15 percent
	$
	1,980
2,190
	
1.26
1.27	15,780 to 17,519
17,440 to 19,370
	1.4 percent
	15 percent
	$
	1,930
2,130
	
2.1
2.2	17,520 to 19,259
19,370 to 21,290
	1.4 percent
	20 percent
	$
	1,880
2,080
	
2.3
2.4	19,260 to 22,779
21,290 to 25,180
	1.5 percent
	20 percent
	$
	1,820
2,010
	
2.5
2.6	22,780 to 24,529
25,180 to 27,120
	1.6 percent
	20 percent
	$
	1,770
1,960
	
2.7
2.8	24,530 to 26,279
27,120 to 29,050
	1.7 percent
	25 percent
	$
	1,770
1,960
	
2.92.10
	26,280 to 29,789
29,050 to 32,930
	1.8 percent
	25 percent
	$
	1,770
1,960
	
2.11
2.12	29,790 to 31,529
32,930 to 34,860
	1.9 percent
	30 percent
	$
	1,770
1,960
	
2.13
2.14	31,530 to 36,789
34,860 to 40,670
	2.0 percent
	30 percent
	$
	1,770
1,960
	
2.15
2.16	36,790 to 42,039
40,670 to 46,470
	2.0 percent
	35 percent
	$
	1,770
1,960
	
2.17
2.18	42,040 to 49,059
46,470 to 54,230
	2.0 percent
	40 35 percent
	$
	1,770
1,960
	
2.19
2.20	49,060 to 50,799
54,230 to 56,160
	2.0 percent
	45 40 percent
	$
	1,610
1,780
	
2.21
2.22	50,800 to 52,559
56,160 to 58,100
	2.0 percent
	45 40 percent
	$
	1,450
1,600
	
2.23
2.24	52,560 to 54,319
58,100 to 60,050
	2.0 percent
	45 40 percent
	$
	1,230
1,360
	
2.25
2.26	54,320 to 56,059
60,050 to 61,970
	2.0 percent
	50 45 percent
	$
	1,070
1,250
	
2.27
2.28	56,060 to 57,819
61,970 to 63,920
	2.0 percent
	50 45 percent
	$
	970
1,200
	
2.29
2.30	57,820 to 59,569
63,920 to 65,850
	2.0 percent
	50 45 percent
	$
	540
1,100
	
2.31
2.32	59,570 to 61,319
65,850 to 67,790
	2.0 percent
	50 45 percent
	$
	210
900
	
2.33	67,790 to 75,000
	2.0 percent
	45 percent
	$
	700
	
2.34	75,000 to 85,000
	2.1 percent
	45 percent
	$
	500
	
2.35	85,000 to 90,000
	2.2 percent
	45 percent
	$
	300
	
2.36 	The payment made to a claimant is the amount of the state refund calculated under this 
2.37 	subdivision. No payment is allowed if the claimant's household income is $61,320 $90,000
2.38 	or more.

2.39 	EFFECTIVE DATE. This section is effective for refunds based on rent paid in 2022 
2.40 	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 2a is 2022. The statutory 
3.5 	year for subdivision 2 is 2018.

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