Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Alexis C. Stangl
Director
   Senate   
State of Minnesota
 
 
 
 
 
S.F. No. 140 - Modifying Definition of Income Used for Property Tax Refund
 
Author: Senator Kari Dziedzic
 
Prepared By: Senate Counsel, Research and Fiscal Analysis (651/296-4791)
 
Date: February 5, 2013



 

This bill removes the following from the definition of income for purposes of the property tax refund:

  • 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.
 
Check on the status of this bill
 
Back to Senate Counsel and Research Bill Summaries page
 

 
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
 
Last review or update: 02/05/2013
 
If you see any errors on this page, please e-mail us at webmaster@senate.mn