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MN HF3279

Bill

Status

Introduced

5/1/2025

Primary Sponsor

Michael Howard

Click for details

Origin

House of Representatives

94th Legislature 2025-2026

AI Summary

  • Proposes a constitutional amendment to increase the state sales tax by 0.375% from July 1, 2027 through June 30, 2052, with the question appearing on the 2026 general election ballot

  • Dedicates tax receipts to three housing funds: 50% to the Rental Opportunity Fund (rental assistance, affordable housing development), 25% to the Homeownership Opportunity Fund (down payment assistance, home acquisition/rehabilitation), and 25% to the Community and Household Stability Fund (emergency assistance, homeless prevention, legal services)

  • Creates three advisory councils with 24 voting members each, appointed by the governor and legislative leaders, to develop strategic plans and recommend appropriations for each fund

  • Requires council members to include representatives from Tribal governments, labor unions, housing authorities, disability advocates, and individuals with lived experience such as renters, homeless persons, and manufactured home park residents

  • Mandates prevailing wage requirements for fund-supported construction projects, legislative auditor oversight of expenditures, and biennial reports to the legislature on spending activities and recommendations

Legislative Description

Sales tax rate increased by three-eighths of one percent and receipts dedicated for housing purposes; homeownership opportunity fund, community and household stability fund, and rental opportunity fund created; fund councils created; appointments provided; reports required; and constitutional amendment proposed.

Last Action

Author added Xiong

3/12/2026

Committee Referrals

Housing Finance and Policy5/1/2025

Full Bill Text

No bill text available