MN HF3045 | 2023-2024 | 93rd Legislature
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 22 2023 - 25% progression, died in committee
Action: 2023-03-22 - Introduction and first reading, referred to Taxes
Pending: House Taxes Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 22 2023 - 25% progression, died in committee
Action: 2023-03-22 - Introduction and first reading, referred to Taxes
Pending: House Taxes Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Income and property tax provisions modified, unlimited subtraction allowed for Social Security income, first and second tier income tax rates reduced by one percentage point, direct payments to taxpayers provided, valuation limit modified for property and homestead market value exclusion increased, and refundable child credit allowed.
Title
Income and property tax provisions modified, unlimited subtraction allowed for Social Security income, first and second tier income tax rates reduced by one percentage point, direct payments to taxpayers provided, valuation limit modified for property and homestead market value exclusion increased, and refundable child credit allowed.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2023-03-22 | House | Introduction and first reading, referred to Taxes |