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Minnesota House Tax Committee lays over House File 403 after debate on senior relief, withdrawn renter amendment
Summary
The Minnesota House Tax Committee laid over House File 403, a proposal to limit steep year-to-year property tax increases for homeowners, after debate that included a withdrawn amendment to extend benefits to renters and questions about income eligibility and existing programs.
The Minnesota House Tax Committee on an unspecified date laid over House File 403, a bill that would limit annual property tax increases for homeowners, after members discussed an amendment to extend the benefit to renters and raised questions about program eligibility and budget impacts.
The bill’s author, Representative Sam Myers, told the committee the measure would require homeowners to apply to their county and would automatically cap year-to-year tax increases by providing a credit…
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