MN SF1535

Provides one-time direct payments of $3,000 to single filers and married individuals filing separately, and $6,000 to married couples filing jointly or heads of household based on 2021 tax returns.

Eligible individuals must have been Minnesota residents in 2021, filed a 2021 income tax return by October 15, 2022, or filed a property tax refund claim by December 31, 2022, with taxable net income not exceeding $166,040 (single), $276,200 (joint), $220,730 (head of household), or $138,100 (married separate).

Commissioner of revenue automatically pays eligible individuals based on existing records without requiring a claim; payments cannot be applied to unpaid taxes or debts.

Payments are not counted as income for Minnesota income tax purposes, tax credits, property tax refunds, or state assistance program eligibility determinations.

Appropriates necessary funds from the general fund in fiscal year 2023 through June 30, 2024, plus $7,752,000 in FY2023 and $215,000 in FY2024 for administrative costs; any unclaimed payments revert to state general fund after two years.