Minnesota Tax Credits for Workers and Families

Strong tax credits for lower-income Minnesotans can boost their incomes and get children off to a stronger start in life. They also contribute to a fairer tax system in Minnesota. Our work on tax credits particularly focuses on the Working Family Credit and the Renters' Credit property tax refund.

More information on our advocacy efforts to strengthen Minnesota's state tax credits is available on our Working Family Credit and Renters' Credit agenda pages.

Research

July 2013

2013 tax bill improves property tax refunds for renters and homeowners

The 2013 tax bill takes a major step toward ensuring that low- and moderate-income Minnesotans do not pay more than their fair share in taxes. More than 550,000 Minnesota households will benefit from higher property tax refunds and lower eligibility requirements through the Renters' Credit and Circuit Breaker.

May 2012

No further cuts to renters' property tax refunds made in 2012 Legislative Session

The Renters' Credit refunds a portion of the property taxes that renters pay through their rents. It is an important ...

April 2012

2012 House tax bill would severely cut renters' property tax refunds

The Renters' Credit refunds a portion of the property taxes that renters pay through their rents. This year, 315,000...

February 2012

2010 Renters' Credit cuts felt across Minnesota

The Renters’ Credit, formally called the Property Tax Refund or PTR, is a state property tax refund for low- and modera...

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Tax Credits Blog Posts

May 12, 2023

2023 tax conference committee weighs similarities, differences in House, Senate, Walz tax plans

This year, policymakers are considering transformational changes and long-overdue investments to make Minnesota a state...

March 29, 2023

House Property Tax Division bill includes transformational changes to the Renters’ Credit

One of the highlights of last year’s tax discussion is moving forward again this session: a game-changing proposal to...

February 01, 2023

Governor Walz releases FY 2024-25 budget priorities

In his proposal for the two-year FY 2024-25 budget cycle, Governor Tim Walz proposes $11.2 billion in additional funding for public services, with the largest amount of new dollars going toward education, economic development, and health and human services. He also proposes $5.4 billion in tax reductions in FY 2024-25, with the biggest component being a one-time tax rebate. Read more in our blog.

January 25, 2023

Child poverty declines sharply thanks to federal Child Tax Credit expansion

Thanks in part to improvements policymakers made to the federal Child Tax Credit (CTC), recent U.S. Census data show that from 2019 to 2021, child poverty fell a remarkable 59 percent. Minnesota policymakers should build on that success and create a state Child Tax Credit.

More Tax Credits Blogs