Bill Summary
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Senate Counsel & Research   State of Minnesota
 
S.F. No. 3625 - Targeting Information
Author: Senator Lawrence Pogemiller
Prepared by: JoAnne Zoff Sellner, Senate Counsel (651/296-3803)
Date: March 31, 2006

This bill requires that for a property tax statement relating to homestead property, a notice must be printed on the front side of the property tax statement stating that the property may be eligible for a targeting refund regardless of the income of the property owner if the property tax has increased over the previous year's amount by more than the threshold percentage in law. This bill is effective for property tax statements prepared in 2006 and thereafter.

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