Minnesota Lawmakers Propose $125 Million Tax Relief for 588,000 Homeowners as Levies Rise 7%
Updated
Updated · KSTP · May 15
Minnesota Lawmakers Propose $125 Million Tax Relief for 588,000 Homeowners as Levies Rise 7%
2 articles · Updated · KSTP · May 15
$125 million in one-time state payments would give eligible Minnesota homeowners an average $171 rebate to offset rising property taxes, with lawmakers saying about 588,000 homes could benefit.
A 7% average increase in city and county levies over the past year drove the proposal, as local governments face higher costs and funding gaps for state- and federally mandated programs.
The payment would come on top of existing homestead credit refunds under the end-of-session budget deal, though applicants would need to apply through the Department of Revenue.
Lawmakers are still working out eligibility details, including a possible income cap of $142,000, while county officials warn the rebate does not reduce the underlying pressure pushing property taxes higher.
Will modernizing outdated government IT systems provide more lasting relief than a small homeowner rebate?
Can a one-time payment fix a tax crisis caused by decades-old technology and unfunded government mandates?