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HF 4119

Property tax refunds and renters credits increased by reducing co-pay percentages.

2025-2026 Regular Session Introduced by Kari Rehrauer and 1 co-sponsor

HF 4119 would increase property tax refunds and renters credits by reducing the co-pay portion taxpayers must cover, enlarging net relief for eligible households.

Author added Smith
#housingandhousingfinanceagency #taxation-property
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WeVote Research Nonpartisan
Bill Summary · HF 4119

Summary of HF 4119 (2025-2026) — Minnesota

Purpose and Intent

HF 4119 seeks to increase property tax refunds and renters credits by reducing co-pay percentages within the existing refund/credit programs. The bill appears to focus on lowering the portion of costs borne by eligible taxpayers when applying refunds or credits, thereby enlarging the net benefit to qualifying homeowners and renters.

Key Provisions (Proposed Changes)

  • Increase in Refunds and Credits: The bill would raise the amounts available through Minnesota’s property tax refund program and renters credit by reducing the co-pay portion that eligible filers must cover.
  • Co-Pay Reduction Mechanism: Specific changes target the co-pay percentages embedded in the calculation formulas for refunds and credits. The reduction is intended to increase the overall financial relief provided to eligible property owners and renters.
  • Eligibility and Interaction with Existing Programs: HF 4119 would operate within the framework of the current property tax refund and renters credit programs. It does not appear to create new programs but modifies the cost-sharing structure (co-pays) used to determine net benefits. The bill would apply to filers who qualify for these programs under existing state rules and income thresholds.

Note: The exact numerical changes (e.g., new co-pay percentages, updated maximum refund/credit amounts, phase-in schedules, and income limits) are not specified in the provided text. The bill text would detail the precise calculations and any thresholds.

Who is Affected

  • Primary Beneficiaries: Minnesota property owners eligible for the property tax refund and Minnesota renters who qualify for the renters credit.
  • Indirectly Affected: Taxpayers and renters who rely on these credits for property tax relief; taxpayers may experience larger net refunds or credits due to reduced co-pays.
  • Administrators: Minnesota Department of Revenue and related tax administration agencies would implement the revised calculation rules and process amended filings.

Procedural and Timeline Aspects

  • Introduction and First Reading: March 9, 2026 (referred to Taxes).
  • Author/Sponsor Details: Main sponsor not explicitly listed; co-sponsors include:
    • Andy Smith
    • Kari Rehrauer
  • Next Steps in Process: As with standard Minnesota House procedures, the bill would proceed through committee (Taxes) for hearings, potential amendments, and a vote before advancing to the full House and Senate. The timeline depends on committee activity, floor votes, and legislative calendar for the 2025-2026 session.

Potential Impacts and Considerations

  • Fiscal Impact: Lower co-pays could increase total net benefits, raising the cost to the state, counties, or local aids funded via the property tax system. The bill’s fiscal note (not provided here) would specify anticipated cost, revenue impact, and any offsetting savings.
  • Economic Effect: Increased refunds/credits may provide greater financial relief to homeowners and renters with modest incomes, potentially influencing housing affordability and consumer spending in Minnesota.
  • Administrative Considerations: Implementing new co-pay rules requires updates to forms, software systems, and guidance for taxpayers to ensure accurate calculation of refunds and credits.

This summary reflects the information available from the bill’s title, introduction, and sponsor notes. For a precise understanding, the full text of HF 4119 and any fiscal notes or amended versions would need to be reviewed.

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

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