MN HF2725

Reduces the property tax increase threshold triggering the additional refund from 12 percent to 8 percent over the prior year, effective with refunds based on property taxes payable in 2023.

Increases the maximum refund allowed under the additional refund provision from $1,000 to $2,000, effective with refunds based on property taxes payable in 2023.

Provides a temporary one-year enhancement for 2023 property taxes only, lowering the threshold to 6 percent and raising the maximum refund to $2,500 for that tax year.

Allows county officials to provide names and addresses of eligible property taxpayers on request to assist in notifying homeowners of their potential refund eligibility.