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House Property Tax Division completes its work

By Rob Hubbard

If where you live has the word, “township,” in its name, aid from the state would increase. Small resorts could get a break on their property taxes. Seven Minnesota cities could establish tax increment financing districts. And you might pay a little less for dinner or a drink in downtown Minneapolis.

Those are among the changes recommended in the House Property Tax Division report, which, after about an hour of Monday-morning discussion, was sent to the House Taxes Committee.

Sponsored by Rep. Dave Lislegard (DFL-Aurora), HF5198, updated by a delete-all amendment, is likely to be incorporated into this year’s House tax bill, which is expected to be introduced Wednesday.

Would the bill cut your property taxes? Not directly, no. Those decisions are made at the local level. But the state can alter policy and increase state aid, often resulting in more money in municipal, county and school district coffers and local tax levies holding relatively steady or even decreasing.
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