Minnesota SF339 establishes a property tax credit for licensed in-home child care providers.

Minnesota SF339 amends state statutes to establish a property tax credit for licensed in-home child care providers. The credit is equal to 50% of the net tax owed on the property for the current tax year. Eligible properties include those classified as class 1a or part of class 2a, used for operating a family day care or group family day care program. The bill also revises the computation of net property taxes and the contents of tax statements. Effective beginning with property taxes payable in 2026.

Minnesota SF339 establishes a property tax credit for licensed in-home child care providers.

Minnesota SF339 amends state statutes to establish a property tax credit for licensed in-home child care providers. The credit is equal to 50% of the net tax owed on the property for the current tax year. Eligible properties include those classified as class 1a or part of class 2a, used for operating a family day care or group family day care program. The bill also revises the computation of net property taxes and the contents of tax statements. Effective beginning with property taxes payable in 2026.