Bill

HF 633

Licensed in-home child care providers market value exclusion established.

2025-2026 Regular Session Introduced by Andrew Myers and 4 co-sponsors

Creates a market value exclusion for licensed in-home child care providers to potentially reduce property valuation-based costs.

Author added Perryman

#taxation-property

WeVote Research Nonpartisan

Bill Summary · HF 633

Summary of HF 633 (2025-2026) – Licensed in-home child care providers market value exclusion established

Overview

HF 633 is a Minnesota bill introduced in the 2025-2026 session that centers on in-home child care providers. The core objective appears to be creating a market value exclusion related to licensed in-home child care providers. The precise fiscal details and policy mechanisms would be clarified in the bill text, but the bill’s title and sponsor actions indicate a focus on how market value is treated, likely for tax or valuation purposes, in relation to licensed in-home child care operations.

Main purpose and intent

Establish a market value exclusion for licensed in-home child care providers. This suggests an exemption or special treatment in property tax, asset valuation, or related financial assessments where the “market value” of assets or property used for licensed in-home child care may be treated differently than standard valuations.
The intent appears to be providing financial relief or favorable valuation terms to individuals operating licensed in-home child care, potentially to support small, home-based providers and encourage continuity of care options for families.

Key provisions and changes (inferred from title and bill references)

While the full text would confirm exact details, the bill is expected to:
- Create or codify a market value exclusion applicable to licensed in-home child care providers.
- Define eligibility criteria for the exclusion (e.g., licensed status, type of property, use of property for in-home child care).
- Specify the scope of the exclusion (likely related to property valuation for tax purposes or similar assessment, and possibly excluding other business types).
- Establish administrative procedures for claiming the exclusion, including who administers it and what documentation is required.
- Outline limitations or phase-in provisions, if any (e.g., cap on the exclusion, sunset provisions, or limits based on property value).

Who would be affected

Licensed in-home child care providers who meet the eligibility criteria to receive the market value exclusion.
Property tax assessors and local government units responsible for valuation and tax administration would implement and enforce the exclusion.
Potentially families relying on in-home child care could indirectly benefit through maintained or improved availability of affordable, home-based care options.

Procedural and timeline aspects

Introduction and first reading occurred on February 13, 2025, in the Children and Families Finance and Policy committee.
A committee report was filed on February 24, 2025, indicating it was amended and re-referred to the Taxes committee, suggesting the bill may undergo tax-related considerations and potential amendments.
On March 5, 2025, another author was added, indicating ongoing refinement and coalition-building among sponsors.
On May 9, 2025, Perryman was added as an author, showing continued sponsorship changes.

Potential implications

Financial relief for licensed in-home child care providers through reduced assessed property tax or related valuation savings.
Could encourage the continuation or expansion of in-home child care services by easing operating costs.
Administrative considerations for tax assessors to establish and verify eligibility and apply the exclusion.
Clarification needed on how the exclusion interacts with other tax provisions, cap amounts, and any intended sunset or renewal processes.

If you’d like, I can pull the bill’s exact text to provide precise definitions, eligibility criteria, dollar amounts (if any), and the precise tax or valuation mechanics.

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