Minnesota SF2478 proposes a constitutional amendment to return a portion of the budget surplus to state taxpayers.

Minnesota SF2478 proposes an amendment to the state constitution to establish a Minnesota tax relief account. This account would be funded by the amount of projected revenues that exceed 105 percent of expenditures. The account would be used to refund or reduce state taxes. The proposed amendment must be submitted to voters at the 2026 general election.

Minnesota SF2478 proposes a constitutional amendment to return a portion of the budget surplus to state taxpayers.

Minnesota SF2478 proposes an amendment to the state constitution to establish a Minnesota tax relief account. This account would be funded by the amount of projected revenues that exceed 105 percent of expenditures. The account would be used to refund or reduce state taxes. The proposed amendment must be submitted to voters at the 2026 general election.