HF 759 Summary

• Amends Minnesota Statutes section 273.124 to allow the Department of Revenue to verify whether individuals requesting homestead classification have filed Minnesota income tax returns as residents for the most recent taxable year.

• Permits assessors to require homestead applications at any time to verify that properties classified as homesteads continue to qualify for homestead status.

• Allows assessors to reclassify properties upon name changes or transfers unless a homestead application is filed to confirm continued eligibility.

• Effective beginning with property taxes payable in 2022.