This bill establishes the Task Force on Housing Taxes and Fees in Minnesota, which is tasked with studying the impact of various taxes, fees, and exactions imposed by state, county, and local governments on the cost of housing development and preservation. The task force will consist of 16 members, including representatives from the legislature, state agencies, local government associations, housing organizations, and the public. Appointments to the task force must be completed by July 1, 2026, and the task force will elect a chair during its first meeting.

The duties of the task force include inventorying current taxes and fees related to housing development, analyzing their cumulative effects on residential construction costs, and making recommendations for legislative or administrative changes to alleviate the financial burden on housing while ensuring essential public services are maintained. The task force is required to submit a report with its findings and recommendations by February 15, 2027, after which it will expire. Additionally, the task force's meetings will be subject to Minnesota's Open Meeting Law, and members will not receive compensation or reimbursement for expenses.