summary
Introduced
02/23/2026
02/23/2026
In Committee
02/23/2026
02/23/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxes; establishing a property tax task force; requiring a report.
AI Summary
This bill establishes a property tax task force in Minnesota with the primary goals of investigating ways to reduce property taxes on "homestead properties" (owner-occupied homes and a small surrounding parcel of land) and presenting legislative options for property tax relief, including at least one option that minimally impacts the state's general fund. The task force is mandated to consider various factors, such as the effectiveness of current property tax exclusions and classification rates, trends in property tax burdens for different property types from 2015 to 2025, and comparisons of tax burdens across different areas of the state. The task force will be composed of legislators, the commissioner of revenue or a designee, and representatives from county, city, township, and assessing officer associations. The commissioner of revenue will chair the initial meeting, and the task force will operate with public meetings and provide administrative support from the Department of Revenue, though it is exempt from certain open meeting law requirements. The task force must submit a report with its recommendations to legislative committees by February 1, 2027, after which it will expire.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Author added Youakim (on 03/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/3657/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3657/versions/0/pdf/ |
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