Bills › MN

MN HF 2687

Single-family home ownership restricted for corporate entities, increased deed tax rates on conveyances of single-family homes provided to corporate owners, state portion of revenues dedicated from the increased deed tax rates for the workforce and affordable homeownership program, and statewide landlord database created.

In brief

MN HF 2687 is a state bill in MN: “Single-family home ownership restricted for corporate entities, increased deed tax rates on conveyances of single-family homes provided to corporate owners, state portion of revenues dedicated from the increased deed tax rates for the workforce and affordable homeownership program, and statewide landlord database created.” It was introduced on Mar 24, 2025 in the House, during the 2025-2026 session. Its status at our last check, on Oct 29, 2026: in committee. The latest action we have (Feb 26, 2026) reads: “Author added Falconer”. Its sponsor is Agbaje (Democratic-Farmer-La), with 7 cosponsors. CSWH lists it under the cause Tenant power. The facts here come from State legislature (revisor.mn.gov) and Open States (openstates.org); the bill's own text there is the authority.

Where it stands

Status
In committee
Latest action
Feb 26, 2026: Author added Falconer
Sponsors
  • Agbaje (Democratic-Farmer-La)
  • Engen (Republican), cosponsor
  • Gomez (Democratic-Farmer-La), cosponsor
  • Bahner (Democratic-Farmer-La), cosponsor
  • Sencer-Mura (Democratic-Farmer-La), cosponsor
  • Norris (Democratic-Farmer-La), cosponsor
  • Rehrauer (Democratic-Farmer-La), cosponsor
  • Falconer (Democratic-Farmer-La), cosponsor
7 cosponsors in all
Started in
House
Introduced
Mar 24, 2025
Session
2025-2026
Subjects
Housing and Housing Finance Agency

Our summary: MN HF 2687 would restrict single-family home ownership for corporate entities, increase deed tax rates, dedicate state revenue to a homeownership program, and create a statewide landlord database. (written by our daily update from the source; the bill's text is the authority)

Sources

Checked by our daily update on Oct 29, 2026.

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