Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF5067: Homeownership opportunity fund establishment, community and household stability fund establishment, rental opportunity fund establishment, increasing the sales and use tax rate by three-eighths of one percent, appropriating money to deposit in the funds, councils establishment to direct fund expenditures
Status: In committee, April 9, 2026
What the bill says
A bill for an act relating to housing; creating a homeownership opportunity fund, a community and household stability fund, and a rental opportunity fund; increasing the sales and use tax rate by three-eighths of one percent; appropriating money for deposit in the funds; creating councils to direct fund expenditures; providing appointments; requiring reports; amending Minnesota Statutes 2024, sections 297A.62, subdivision 1; 297A.65; 297F.25, subdivision 1; proposing coding for new law in Minnesota Statutes, chapters 256K; 462A.
From the introduced text, April 8, 2026:
A bill for an act relating to housing; creating a homeownership opportunity fund, a community and household stability fund, and a rental opportunity fund; increasing the sales and use tax rate by three-eighths of one percent; appropriating money for deposit in the funds; creating councils to direct fund expenditures; providing appointments; requiring reports; amending Minnesota Statutes 2024, sections 297A.62, subdivision 1; 297A.65; 297F.25, subdivision 1; proposing coding for new law in Minnesota Statutes, chapters 256K; 462A. Section 1. new text begin [ADDED: [256K.50] COMMUNITY AND HOUSEHOLD STABILITY FUND.] new text end new text begin [ADDED: Subdivision 1.] new text end new text begin [ADDED: Fund.] new text end new text begin [ADDED: The community and household stability fund is established. All money earned by the fund must be credited to the fund.] new text end new text begin [ADDED: Subd. 2.] new text end new text begin [ADDED: Purpose.] new text end new text begin [ADDED: The fund is established to help Minnesotans improve the condition of homes and communities and prevent homelessness and displacement from homes.] new text end new text begin [ADDED: Subd. 3.] new text end new text begin [ expenditures.] new text end new text begin [ADDED: (a) $....... is appropriated annually from the general fund to the commissioner for use under this section.] new text …