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HF 453

Definition of income modified for purposes of the property tax refund.

2025-2026 Regular Session Introduced by Steve Jacob

HF 453 redefines income for Minnesota property tax refunds, potentially changing eligibility and benefit amounts for homeowners seeking state relief.

Introduction and first reading, referred to Taxes
#taxation-property
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WeVote Research Nonpartisan
Bill Summary · HF 453

Legislative bill overview

HF 453 modifies how "income" is defined for purposes of Minnesota's property tax refund program. The bill adjusts which types of income are counted when determining eligibility and refund amounts for the state's property tax relief system. This affects how the state calculates who qualifies for property tax assistance and how much they receive.

Why is this important

Property tax refunds are a key tool Minnesota uses to reduce the tax burden on lower-income and fixed-income homeowners. Changing the income definition directly impacts who can access this relief and how much assistance they receive. Thousands of Minnesota residents rely on these refunds, making this a practical fiscal matter for household budgets.

Potential points of contention

  • Inclusion/exclusion of specific income sources – The bill likely adds or removes certain types of income (e.g., Social Security, capital gains, retirement distributions) from the calculation, which could expand or restrict eligibility
  • Impact on vulnerable populations – Changes may disproportionately affect seniors, disabled individuals, or other groups depending on which income types are reclassified
  • Revenue implications – Modifying eligibility or refund calculations affects state budget costs and potentially shifts tax burden between different resident groups

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

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