summary
Introduced
02/10/2025
02/10/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxation; property tax refunds; excluding veterans educational benefits from household income; amending Minnesota Statutes 2024, section 290A.03, subdivision 3.
AI Summary
This bill modifies Minnesota's tax law by expanding the definition of income for property tax refund purposes, specifically by adding an exemption for veterans' educational assistance. The bill amends section 290A.03 of Minnesota Statutes to exclude veterans' educational assistance that is exempted from taxation under Title 38 of the United States Code, including educational assistance provided under section 197.791, from being counted as income when calculating property tax refunds. This means that veterans receiving educational benefits will now have those benefits disregarded when determining their eligibility for property tax refunds. The bill has a retroactive effective date, applying to refunds based on rent paid in 2017 and property taxes payable in 2018. Additionally, the bill includes a special filing provision that allows affected claimants to file amended claims for these past years through August 15, 2026, even if the standard filing deadline would have otherwise passed. This change aims to provide additional financial support to veterans by potentially increasing their eligibility for property tax refunds.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Taxes (on 02/10/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0239&ssn=0&y=2025 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF239&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
Loading...