Minnesota wealth tax established.

Where it is in the process

Plain-English Summary

This bill would create a new "wealth tax" in Minnesota. It would impose a one percent tax on the taxable wealth of individuals and trusts that exceeds $10 million. Taxable wealth is defined as the value of all property located in Minnesota, minus all debts and financial obligations.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 17 Sponsors

Democrat17Republican0Independent0Other0

D · PrimeAisha Gomez
D · CoLiz Lee
D · CoAlicia Kozlowski
D · CoEmma Greenman
D · CoLeigh Finke
D · CoSamantha Sencer-Mura
D · CoAndrew Smith
D · CoSydney Jordan
D · CoJay Xiong
D · CoAnquam Mahamoud
D · CoMohamud Noor
D · CoAthena Hollins
D · CoAlex Falconer
D · CoKristi Pursell
D · CoKari Rehrauer
D · CoKatie Jones
D · CoPete Johnson

Read full bill text →↓ Why am I seeing this?

Want updates?

Get notified when MN HF4616 moves stage

Pick a channel below. Every option is opt-in, and we tell you exactly what we store.

Email

Identified

We store your email address and the bill ID. We'll send a confirmation link first; alerts only start after you click it. Every email has a one-click unsubscribe.

Coming soon

RSS feed· Atom 1.0 + JSON Feed per bill
Bluesky· follow a CivicRadar bot post per status change
Telegram· channel or DM via bot
Discord· channel webhook
WhatsApp· via WhatsApp Business
SMS· via Twilio