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Committee lays over bills expanding senior property tax deferral and increasing targeted property tax refunds
Summary
The Minnesota House Tax Committee heard testimony and laid over bills to expand the senior property tax deferral program, extend and increase targeted property tax refunds and make a temporary special targeting refund permanent; an amendment to one bill was adopted in committee.
The Minnesota House Tax Committee on March 20 considered several property tax relief measures aimed at helping homeowners and seniors and laid the bills over for possible inclusion in the 2025 omnibus tax bill. Committee members also adopted an amendment to one bill and then laid that bill over in amended form.
Representative Wolgamott presented House File 2086 to expand the senior property tax deferral program. The bill would raise the household income eligibility from $96,000 to $110,000, reduce the minimum ownership-and-occupancy requirement from five years to two years, and — according to the author’s estimate — would have a revenue…
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