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Bill > HF3420


MN HF3420

MN HF3420
Hennepin County and Ramsey County deed and mortgage taxes expiration extended.


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; extending the expiration of the Hennepin County and Ramsey County deed and mortgage taxes; amending Minnesota Statutes 2024, sections 383A.80, subdivision 4; 383B.80, subdivision 4.

AI Summary

This bill extends the expiration date for deed and mortgage taxes in Hennepin County and Ramsey County from January 1, 2028, to January 1, 2036, meaning these taxes will remain in effect for an additional eight years. These taxes are levied on real estate transactions, specifically on deeds (documents transferring ownership of property) and mortgages (loans secured by property). The bill also specifies that this extension will be effective for all deeds and mortgages acknowledged on or after July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Author added Nadeau (on 02/23/2026)

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