Payment provided to owners of homesteads based on the November forecast.

HF 410 creates a refund program for Minnesota homestead property owners based on annual revenue forecasts. It directs leftover funds from the state's November budget forecast (after other priorities like school aid and reserves) to be distributed as equal payments to qualifying homeowners. The refund amount equals the available surplus divided by the total number of certified homesteads, but no payment is made if the surplus is below $170 million. Payments must be issued by June 30 each year to owners of primary residences meeting homestead eligibility, excluding properties occupied by relatives. This applies starting January 1, 2026, using funds appropriated from the general fund.