MN SF1631

Amends Minnesota Statutes 2022, section 290A.03, subdivision 3 to modify the definition of income for the property tax refund program.

Adds qualified charitable distributions (as defined under Internal Revenue Code section 408(d)(8)) received from traditional or Roth retirement accounts to the list of income exclusions, to the extent not included in federal adjusted gross income.

Clarifies that qualified charitable distributions are excluded from income when calculating property tax refund eligibility, allowing more seniors and disabled individuals to qualify.

Effective for refund claims based on property taxes payable in 2023 and rent paid in 2022 and thereafter.