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Senate Counsel, Research
and Fiscal Analysis
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G-17 State Capitol
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75 Rev. Dr. Martin Luther King Jr. Blvd.
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St. Paul, MN 55155-1606
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(651) 296-4791
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Fax: (651) 296-7747
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Tom Bottern
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Director
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Senate
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State of Minnesota
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S.F. No. 140 - Modifying Definition of Income Used for Property Tax Refund
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Author:
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Senator Kari Dziedzic
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Prepared By:
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Senate Counsel, Research and Fiscal Analysis (651/296-4791)
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Date:
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February 5, 2013
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This bill removes the following from the definition of income for purposes of the property tax refund:
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Contributions made to an individual retirement account including a qualified voluntary employee contribution; simplified employee pension plan; self-employed retirement plan; and cash or deferred arrangement plan or deferred compensation plan.
This change is effective beginning with refunds based on property taxes payable in 2014 and rent paid in 2013.
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
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Last review or update: 02/05/2013
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