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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 1494 - Modifying Definition of Income, Property Tax Refund
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Author:
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Senator Joe Gimse
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Prepared By:
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Eric S. Silvia, Senate Counsel (651/296-1771)
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Date:
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March 2, 2012
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This bill removes "nontaxable scholarship or fellowship grant" from the definition of income for purposes of the property tax refund statute, and specifically excludes "nontaxable scholarship or fellowship grant, or the cash value of any tuition discount provided by a post secondary education institution."
This change is effective beginning for claims based on property taxes payable in 2013, and on rent paid in 2012.
ESS:dv
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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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Last review or update: 03/02/2012
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