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Form 4768 Minneapolis Minnesota: What You Should Know

Regular Session) 2 Regular Session Summary: Provides additional funding for municipalities, including additional property tax abatement as specified in section 15 of the state constitution. Comments: Harlan's, D — Rep. Paul Belcher, DFL — Rep. Tony Cornish — Rep. Mary Kilometer — Rep. Joe Atkins — Rep. Tim Miller — Rep. Chris Taylor — Rep. Tim Kelly — Rep. Jim Holland — Rep. John Leach — Rep. Mark Eves — Rep. Chris Holstein — Rep. Kim Anderson — Rep. Steve Crater — Rep. Tony Market — Rep. Tom Elmer — Rep. Tom Sieges — Rep. David Nelson — Rep. Joe Dallas — Rep. Amy Klobuchar — Rep. John Sullivan — Rep. Peggy Scott. — Rep. Dan School — Rep. John Marty — Rep. Bill School — Rep. Matt Dylan, R — Rep. Tim Walz — Rep. Tony Makes — Rep. Debra Nelson — Rep. Karen Knoll. — Rep. Erin Murphy — Rep. Erik Paulsen — Rep. John Olson — Rep. John Bible — Rep. Jim Hélmer. The previous version of this bill would have changed the state general levy from 7 percent to the current level (6.3 percent). This bill now specifies that municipalities receive the additional property tax abatement at the level of the state assessment. 2 Regular Sessions — Second Reading House Joint Resolution 9: Amending the Constitution and the Statutes HE 9 (PDF) Resolution (PDF) House Resolution 43: Creating a Joint Standing Retirement and Education Board Resolution 43 (PDF) House Joint Resolution 49: An Act to Amend the Internal Revenue Code, Statutes of Minnesota, Chapter 1, Sections 539.03 to 539.12, Statutes of Minnesota, Chapters 2 and 3 Resolution 49 (PDF) The previous version of this bill would have eliminated an important tax credit for property owners who elect a savings policy and make the required contributions to the 401(k) plan. This is especially beneficial for first-time homebuyers. This version of the bill now provides a credit for those property owners who elect a pension that meets the minimum requirements established in their state retirement plan and who make the required contributions.

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