Minnesota 2023-2024 Regular Session

Minnesota House Bill HF230

Introduced
1/11/23  

Caption

Property tax provisions modified, and portion of local government aid dedicated to cities for housing.

Impact

The implications of HF230 are significant for local governments as it mandates that cities utilize a calculated percentage of their local government aid towards housing programs. This legislative requirement could potentially direct new funding towards housing development, redevelopment, and rehabilitation efforts, thereby improving living conditions and addressing housing shortages. In effect, it could strengthen the local housing market while ensuring that cities prioritize housing as part of their financial allocations.

Summary

House File 230 (HF230) proposes modifications to property tax provisions in Minnesota by dedicating a portion of local government aid specifically for housing purposes. The bill includes amendments to Minnesota Statutes, introducing a concept of 'housing need percentage' which takes into account a city's revenue needs related to its housing landscape, particularly the ratio of pre-1940 homes and those built between 1940 and 1970. This approach aims to ensure adequate resources are allocated to address varying housing needs across cities, enhancing local capability to respond to housing challenges.

Contention

Some points of contention surrounding HF230 may arise from concerns about the adequacy of the funds allocated to housing, especially for smaller cities that may struggle more than larger urban areas to generate sufficient revenue through property taxes. Legislators representing suburban and rural areas might argue that the method used to calculate necessity could disadvantage their communities, leading to disparities in funding availability. Furthermore, discussions could reveal differing opinions on the effectiveness of directing aid specifically to housing versus using it for broader city needs.

Companion Bills

No companion bills found.

Previously Filed As

MN HF549

A portion of local government aid dedicated to cities for housing.

MN HF563

Portion of local government aid dedicated to cities for pre-1940 housing improvements.

MN HF1377

Local government aid provisions modified, calculation of local government aid modified, appropriation for local government aid increased, appropriation for county program aid increased, and Mahnomen property tax reimbursement program aid modified.

MN HF4617

Portion of local government aid dedicated to cities for pre-1940 housing improvements.

MN SF1828

Local government aid provisions modifications

MN SF2264

Local government aid dedication to cities for pre-1940 housing improvements authorization

MN HF220

Portion of local government aid dedicated to create a loan program to renovate rural municipal water treatment facilities, and money appropriated.

MN SF2176

Portion of a local government aid dedication to create a loan program to renovate rural municipal water treatment facilities

MN HF1061

Electric generation transition aid established, local government aid formula modified, and money appropriated.

MN HF1419

Local government aid provisions modified, local affordable housing aid program established, and money appropriated.

Similar Bills

No similar bills found.