Minnesota HF3536 provides a property tax exemption for certain property owned by public safety officers and a subtraction for certain income earned.

Minnesota HF3536 amends state statutes to provide a property tax exemption for class 1a property owned and used as a homestead by public safety officers employed or volunteering in the same statutory or home rule charter city. It also provides a subtraction for certain income earned by public safety officers. The property tax exemption is effective for taxable years beginning after December 31, 2025, and the income subtraction is effective beginning with assessment year 2027.

Minnesota HF3536 provides a property tax exemption for certain property owned by public safety officers and a subtraction for certain income earned.

Minnesota HF3536 amends state statutes to provide a property tax exemption for class 1a property owned and used as a homestead by public safety officers employed or volunteering in the same statutory or home rule charter city. It also provides a subtraction for certain income earned by public safety officers. The property tax exemption is effective for taxable years beginning after December 31, 2025, and the income subtraction is effective beginning with assessment year 2027.