House passes 2026 tax conference report with homestead credit boost and federal conformity updates
May 18, 2026 | 2026 Legislature MN, Minnesota
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The Minnesota House passed the conference report on House File 24 38 after floor debate and roll-call votes. Sponsors described the package as a combination of federal conformity changes and targeted tax relief and technical fixes designed to align state tax administration with recent federal code changes and to help households and local governments.
Representative Gomez, co-chair on tax matters, told members most fiscal changes in the conference report relate to federal conformity, following last year’s major Internal Revenue Code revisions. She outlined several headline provisions: a two-year extension of the pass-through entity election workaround, a one-time increase in homestead/property tax refunds (the bill includes about $125 million for property tax refunds to eligible claimants), a one-year modification to beginning farmer credits, a temporary exemption for certain professional golf association tickets, and targeted local-authority or district-specific provisions.
Other provisions mentioned on the floor include a sustainable aviation fuel article, targeted aid to several school districts, and local projects included in the conference report. Representative Davids and Representative Gomez urged members to consult the finalized language and fiscal summaries posted to the tax committee web resources for precise drafting and eligibility details; members repeatedly noted that detailed bill language and fiscal documents are available online.
Members took the required procedural steps: the conference report was initially tabled, later taken from the table and repassed by roll-call (reported as 126 ayes and 8 nays). Representative Olson used floor time to urge future attention to disabled veteran homestead market-value exclusion increases, which was not included in the final conference package.
The tax conference report advances to the next steps in the legislative process under the adopted amendments and conference agreement.
Representative Gomez, co-chair on tax matters, told members most fiscal changes in the conference report relate to federal conformity, following last year’s major Internal Revenue Code revisions. She outlined several headline provisions: a two-year extension of the pass-through entity election workaround, a one-time increase in homestead/property tax refunds (the bill includes about $125 million for property tax refunds to eligible claimants), a one-year modification to beginning farmer credits, a temporary exemption for certain professional golf association tickets, and targeted local-authority or district-specific provisions.
Other provisions mentioned on the floor include a sustainable aviation fuel article, targeted aid to several school districts, and local projects included in the conference report. Representative Davids and Representative Gomez urged members to consult the finalized language and fiscal summaries posted to the tax committee web resources for precise drafting and eligibility details; members repeatedly noted that detailed bill language and fiscal documents are available online.
Members took the required procedural steps: the conference report was initially tabled, later taken from the table and repassed by roll-call (reported as 126 ayes and 8 nays). Representative Olson used floor time to urge future attention to disabled veteran homestead market-value exclusion increases, which was not included in the final conference package.
The tax conference report advances to the next steps in the legislative process under the adopted amendments and conference agreement.
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