Bill > SF1964

This bill, known as the Governor Tim Walz Rebate Check Act of 2023, aims to return a portion of Minnesota's budget surplus to taxpayers through direct payments. Individuals are eligible for the rebate if they were Minnesota residents in 2021, filed a 2021 state income tax return by October 15, 2022, or filed a property tax refund claim by December 31, 2022. The bill specifies different payment amounts for joint and individual filers, with the exact dollar amounts left blank in the provided text. The direct payment will be automatically issued by the commissioner of revenue without requiring a separate claim, and the payment will not be counted as income or affect eligibility for other state assistance programs. The bill includes several important provisions, such as preventing the payment from being applied to any existing tax debts, protecting the payment from being seized for other purposes, and establishing procedures for handling unclaimed or improperly cashed payments. The legislation is motivated by the state's significant budget surplus and aims to provide financial relief to Minnesota residents during a period of high inflation. The commissioner of revenue is authorized to contract with private vendors to process and distribute the payments, which will be made by check, warrant, electronic transfer, or debit card. The appropriation for these payments is considered a one-time allocation and will not be added to the agency's ongoing budget.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1964&ssn=0&y=2025