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Bill

S 2291

Flex Fuel Fairness Act of 2025

119th Congress Introduced by Amy Klobuchar and 1 co-sponsor

Bill S 2291 expands property tax exemptions for homeowners providing living quarters for parents or grandparents, easing financial burdens and supporting family care.

Introduced in Senate
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WeVote Research Nonpartisan
Bill Summary · S 2291

Summary of Bill S 2291

Bill Overview

  • Bill Number: S 2291
  • Title: Expands the applicability of the assessment exemption for living quarters for parent or grandparent
  • Status: Referred to Real Property Taxation
  • Introduced: January 16, 2025
  • Classification: Bill

Purpose and Intent

Bill S 2291 aims to broaden the scope of the existing property tax assessment exemption for living quarters designated for the use of parents or grandparents. The intent is to provide financial relief to homeowners who accommodate their elderly family members, thereby promoting family cohesion and support for aging relatives.

Key Provisions

  • Expansion of Exemption: The bill proposes to extend the eligibility criteria for the property tax exemption, allowing more homeowners to qualify for the benefit when they create living quarters for their parents or grandparents.
  • Assessment Changes: Specific changes to how property assessments are calculated for homes with designated living quarters will be outlined, potentially reducing the taxable value of these properties.
  • Eligibility Criteria: The bill may include new definitions or requirements for what constitutes acceptable living quarters, ensuring clarity for homeowners seeking to benefit from the exemption.

Affected Parties

  • Homeowners: Individuals who provide living accommodations for their parents or grandparents will be the primary beneficiaries of this bill, as it aims to reduce their property tax burden.
  • Elderly Family Members: The bill indirectly supports elderly parents and grandparents by facilitating their ability to live with family members in a financially sustainable manner.
  • Local Governments: Changes in property tax assessments may impact local government revenues, necessitating adjustments in budget planning and resource allocation.

Legislative Timeline

  • January 16, 2025: Bill introduced and referred to Housing, Construction, and Community Development.
  • April 28, 2025: First report calendar.
  • April 29, 2025: Second report calendar.
  • April 30, 2025: Advanced to third reading.
  • June 11, 2025: Passed Senate and delivered to the Assembly.
  • June 11, 2025: Referred to Real Property Taxation for further consideration.

Related Legislation

  • A 8949: This bill serves as a companion to S 2291, indicating that similar provisions may be considered in the Assembly.

Conclusion

Bill S 2291 represents a significant step towards enhancing support for families caring for elderly relatives by expanding property tax exemptions. As it progresses through the legislative process, stakeholders, including homeowners and local governments, will need to monitor its developments closely to understand its full implications.

Compiled from official sources — confirm details with the bill’s official record.

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