This bill amends various sections of Minnesota Statutes related to taxation, specifically focusing on eligibility for homestead classification and tax credits. It introduces new requirements for homestead applications, stating that property owners must provide the Social Security number or individual taxpayer identification number of each occupant listed as an owner, as well as the spouse's information. Notably, the bill specifies that individual taxpayer identification numbers will not be accepted if assigned to noncitizens who are undocumented or not lawfully present in the U.S. Additionally, the bill clarifies that if a property owner fails to notify the assessor of changes in occupancy or ownership, the property may lose its homestead status.

Furthermore, the bill modifies the eligibility criteria for tax credits under sections 290.0661 and 290.0671, particularly for noncitizens. It states that if the taxpayer and qualifying child are noncitizens, they must be documented and lawfully present in the U.S. to qualify for certain credits. The bill also removes some previous provisions regarding income limitations and eligibility, allowing taxpayers with no qualifying children to receive credits under specific conditions. The effective dates for these changes are set for homestead applications filed in 2026 and for taxable years beginning after December 31, 2024, for the tax credit provisions.

Statutes affected:
Introduction: 273.124, 290.0661, 290.0671