A little-known change in property tax laws passed by the Legislature apparently is hurting rural Minnesota homeowners and businesses disproportionately and will be fixed, a Republican lawmaker promises.
But state Rep. Larry Howes of Walker tells the Fargo Forum that it’s not clear what the fix will be. He said House Speaker Kurt Zellers is on board to change the system when the Legislature convenes in January.
The problem, says the story:
Lawmakers and Gov. Mark Dayton earlier this year dropped the homestead market value credit program, which lowered many Minnesotans’ home property taxes. They replaced that program with another one designed to do much the same thing. However, local governments say the new program will push up property taxes on lower-value homes and shift taxes that homeowners paid onto businesses and industries.
Poor, rural communities are affected much more than suburbs.
And Howes said a property tax refund program may be used to give more money back to those whose taxes rose.