Minnesota 2025-2026 Regular Session

Minnesota House Bill HF410

Introduced
2/13/25  

Caption

Payment provided to owners of homesteads based on the November forecast.

Summary

HF410 creates a new state “surplus refund” for homestead property owners, tied to Minnesota’s November budget forecast. The bill amends the state’s budget-priority statute so that, after required transfers to the cash flow account, budget reserve, and certain school aid/property tax shift adjustments, any remaining amount from a November forecast can be used for homestead refund payments under a new section of chapter 290A. Under the new refund program, county assessors must certify eligible homesteads each year, and the commissioner of revenue must calculate a per-homestead payment by dividing the available surplus amount by the number of certified homesteads. If the available amount is below $170 million, no refund is paid. When a refund is triggered, the commissioner must issue one payment per homestead by June 30, and the bill provides an annual general fund appropriation to cover the payments. The program is effective beginning January 1, 2026, while the budget-priority amendment takes effect the day after final enactment.

Impact

The bill would change Minnesota’s budget and tax law by adding a new statutory mechanism for distributing surplus general fund revenue directly to homestead property owners. It also modifies section 16A.152 to reserve the last priority slot after other fiscal obligations for these homestead payments in November forecasts, and it creates a new chapter 290A refund provision that requires county certification, commissioner calculations, and annual appropriations. The practical effect is to create a statewide property-tax-related rebate program limited to homesteads, excluding properties occupied by relatives of the owner from the certification list.

Sentiment

No committee transcripts or recorded votes were provided, so there is no direct evidence of debate, amendments, or partisan division in the available materials. Based on the bill text and caption, the measure appears designed as a taxpayer relief proposal for homeowners, especially homestead owners, by returning surplus state revenue in a formula-based payment. The absence of recorded opposition or support in the provided context means overall sentiment cannot be measured from legislative discussion, but the bill’s structure suggests a pro-refund, pro-property-owner policy approach.

Contention

The main policy questions raised by the bill are likely to be whether surplus revenue should be returned directly to homestead owners versus used for reserves, school funding, or other state priorities, and whether the $170 million threshold and per-homestead formula are the right trigger and distribution method. Another likely point of contention is the exclusion of properties occupied by relatives of the owner from the certified homestead list, which narrows eligibility. Because the bill ties payments to the November forecast and makes the refund contingent on available surplus after other allocations, debate may also focus on fiscal stability, predictability of payments, and whether the state should commit to an automatic refund mechanism.

Companion Bills

No companion bills found.

Previously Filed As

MN SF4603

Comparison of actual expenditures requirement in forecasted programs to projected spending from prior forecasts

MN HF4715

Comparison of actual expenditures in forecasted programs to projected spending from prior forecasts required, notice to legislative auditor when actual expenditures deviate required, other budget oversight and accountability provisions modified, and money appropriated.

MN HF3683

Inclusions of the impacts of fraud in budget forecasts required.

MN SF4454

Impacts of fraud in budget forecasts inclusion requirement

MN SB386

Dental providers: fee-based payments.

MN SB5881

Providing enhanced medicaid payments to providers and hospitals.

MN HF4808

Human Services Systems Modernization Advisory Council and a Legislative Commission on Human Services Systems created, modernization fund and eligible uses established, reports required, money transferred, and money appropriated.

MN SB1098

An act to add Section 457 to the Public Utilities Code, relating to public utilities.

MN HF697

Weather forecasting gap-filing radar data funding provided, and money appropriated.

MN HB1666

Ownership of health care providers.

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