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Will Minnesota lawmakers pass property tax relief this year?

Minnesota lawmakers are debating competing property tax relief plans at the Minnesota Capitol as property owners face a 6.8% increase, or $873 million, in statewide tax burdens.
House Republicans advocate for a $4 billion tax relief bill, while the Senate Taxes Committee heard a DFL proposal on Tuesday providing more than $100 million in one-time relief to 588,000 homeowners.
The DFL plan offers an average refund increase of about $171, whereas House Republicans' broader proposal could provide $2,500 to about 1.6 million homeowners; Gov. Tim Walz discussed these proposals with legislative leaders on Tuesday.
Rep. Athena Hollins, DFL-St. Paul, expressed concern that large-scale homeowner relief diverts funds from renters and other programs, while DFLers worry significant one-time spending could hurt the state budget.
Any final tax relief deal requires compromise between the tied House, DFL-majority Senate, and Gov. Tim Walz given the $3.7 billion state surplus; State Sen. Michael Kreun also introduced a bill to cap property taxes at inflation rates.

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Will Minnesota lawmakers pass property tax relief this year?

ST. PAUL — Several proposals to provide homeowners with relief from sharply rising property taxes are floating around at the Minnesota Capitol as state lawmakers get closer to piecing together a tax bill this session. One thing Democratic-Farmer-Labor and Republican legislators seem to agree on is that property owners need a break. But before that can happen, they’ll have to reach an agreement on just how much relief there will be and how it wil…

11 days ago·Fargo, United States

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