Star Tribune editorial writer and columnist Lori Sturdevant wrote in an editorial piece on April 27 that homeowners’ property taxes over the last 6 years have increased, on average, 82%. In the upcoming year, taxes are forecast to increase 7.7%. These increases are forcing many homeowners into difficult financial problems.
This Legislature is committed to helping those who cannot afford these increases to stay in their homes. Two DFL legislators, House DFL tax chair Ann Lenczewski (DFL Rep for District 40B) and property tax division chair Paul Marquart (DFL Rep for District 09B), are working together and have co-authored a bill (HF1222). According to Sturdevant, “Lenczewski and Marquart proposed to ease the property tax burden on homeowners least able to bear it, by putting the state’s property tax refund program, or “circuit breaker,” on steroids. It would bulk up state refunds to homeowners whose property tax burdens are disproportionately high relative to their incomes, making it big enough to block next year’s expected property tax increases for a majority of Minnesotans.”
Review HF1222 and follow it through the Legislature. Go the MN House website and type “HF1222” in the search for bills by number.