Provider taxes contingent reduction provisions modified.
HF 2466 modifies how Minnesota temporarily reduces tax rates for healthcare providers. It changes the rule that triggers a tax rate cut when the health care access fund has more money than needed (specifically, when projected revenues exceed 125% of expected spending). The bill requires the state commissioner to check if the fund's actual cash balance is sufficient before making any rate reduction. This directly affects healthcare providers who pay these taxes, as it clarifies the conditions under which their tax rates could be lowered for the following year.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 17, 2025
Last action Mar 26, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
1
Committee
1
Mar 26, 2025
Lower · Passed
Committee report, to adopt and re-refer to Taxes
lower
Mar 17, 2025
Introduced
Introduction and first reading, referred to Health Finance and Policy
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jeff Backer
RRepublican
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