Minnesota HF4802: Increase in property value for homesteads owned by persons age 65 or older prohibited.

What the bill says

A bill for an act relating to taxation; property; prohibiting an increase in property value for homesteads owned by persons age 65 or older; amending Minnesota Statutes 2024, sections 273.11, subdivision 5, by adding a subdivision; 273.121, subdivision 1; 276.04, subdivision 2.

From the introduced text, March 27, 2026:

A bill for an act relating to taxation; property; prohibiting an increase in property value for homesteads owned by persons age 65 or older; amending Minnesota Statutes 2024, sections 273.11, subdivision 5, by adding a subdivision; 273.121, subdivision 1; 276.04, subdivision 2. Section 1. Minnesota Statutes 2024, section 273.11, subdivision 5, is amended to read: Subd. 5. Boards of review and equalization. Notwithstanding any other provision of law to the contrary, deleted text begin the limitation containeddeleted text end new text begin [ADDED: any limitations on valuation] new text end in deleted text begin subdivisions 1 and 1a shalldeleted text end new text begin [ADDED: this section] new text end also apply to the authority of the local board of review as provided in section 274.01, the county board of equalization as provided in section 274.13, the State Board of Equalization and the commissioner of revenue as provided in sections 270.11, subdivision 1, 270.12, 270C.92, and 270C.94. new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective beginning with assessment year 2026.] new text end Sec. 2. Minnesota Statutes 2024, section 273.11, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 24.] new text end new text begin [ valuation increase prohibited.] new text end new text begin [ADDED: …

Read the full official text

Sponsors

• Danny Nadeau (R) · primary sponsor
• Ben Bakeberg (R)
• Jim Joy (R)
• Natalie Zeleznikar (R)
• Bernie Perryman (R)

Latest actions

1. April 9, 2026: Authors added Zeleznikar and Perryman
2. April 7, 2026: Introduction and first reading, referred to Taxes

Common questions

What is HF4802?

HF4802 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Increase in property value for homesteads owned by persons age 65 or older prohibited.

What does HF4802 do?

In its own words: A bill for an act relating to taxation; property; prohibiting an increase in property value for homesteads owned by persons age 65 or older; amending Minnesota Statutes 2024, sections 273.11, subdivision 5, by adding a subdivision; 273.121, subdivision 1; 276.04, subdivision 2.

What is the status of HF4802?

In committee as of April 9, 2026. Latest action: Authors added Zeleznikar and Perryman (April 9, 2026).

Who sponsored HF4802?

Danny Nadeau (R), with 4 co-sponsors.

Where is the official record for HF4802?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF4802&y=2025&ssn=0&b=house