Bill
SF 1964
Establishes a Governor Walz Rebate Check program with funding to issue direct payments to eligible Minnesota residents, administered by the Revenue Department.
SF 1964 — Governor Tim Walz Rebate Check Act of 2023 Establishment and Appropriation
Overview
- Bill Number: SF 1964
- Title: Governor Tim Walz Rebate Check Act of 2023 establishment and appropriation
- Status: Introduced and referred to Taxes on February 27, 2025
- Classification/Subject: Revenue department, Taxation-Income
- Legislature: Minnesota (State Senate, based on the SF designation)
- Summary level: Limited text available; summary below reflects the bill’s stated purpose from its title and basic procedural actions
Purpose and Intent
- The bill’s title indicates it would establish a rebate check program named the "Governor Tim Walz Rebate Check Act of 2023" and appropriate funds to implement that program.
- In practice, such a bill would typically aim to distribute rebates to Minnesota residents as a form of tax relief or revenue redistribution, consistent with the governor’s administration priorities. The exact eligibility criteria, rebate amounts, funding source, and distribution timeline would be defined in the bill text.
Key Provisions (not specified in the provided excerpt)
- Establishment of a rebate program to issue checks or direct payments to eligible taxpayers or residents.
- Approval of an appropriation or funding mechanism to finance the rebate program.
- Administrative framework defining who administers the program (likely the Department of Revenue or a related state agency), how rebates are calculated and distributed, and any required reporting or audits.
- Provisions on eligibility, timing, and any potential recapture or revision rules.
- Possible sunset, review, or accountability provisions to evaluate the program’s effectiveness and fiscal impact.
Note: The exact language, thresholds, and mechanics would be set forth in the bill’s text. The summary above reflects typical elements of rebate-authorization legislation.
Who Would Be Affected
- Minnesota residents who meet the bill’s eligibility criteria (as defined in the bill) would receive rebates.
- The Minnesota Department of Revenue (or the administering agency) would oversee processing and distribution.
- State budget and fiscal planning processes would be impacted by the appropriation requirements and associated costs.
Procedural and Timeline Aspects
- Introduction and First Reading: February 27, 2025.
- Current Action: Referred to the Senate Taxes Committee (as indicated by “Referred to Taxes”).
- Next Steps: If advancing, the bill would typically proceed to committee hearings, potential amendments, and a floor vote. Timelines depend on the legislative session schedule and committee action.
Fiscal/Policy Implications (indicative)
- The bill would have a fiscal impact equal to the cost of the rebates plus administrative costs.
- Policy considerations would include economic impact of rapid household rebate payments, fairness of eligibility, and alignment with broader tax and budget priorities.
Next Steps for Readers
- Review the full text of SF 1964 when available to understand eligibility, rebate amounts, funding sources, and administration details.
- Monitor committee actions in the Senate Taxes Committee for hearings, amendments, and potential passage.
Compiled from official sources — confirm details with the bill’s official record.
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