09/07/2026
Is the Permanent School Fund Amendment a tax increase?
No.
It does not raise property taxes.
It does not raise income taxes.
It does not raise sales taxes.
It does not create a new tax.
Minnesota's Permanent School Fund already exists and has supported public education since 1858. This November, voters are being asked whether to modernize how annual distributions from that existing fund are calculated. That's it.
No new tax. No new education fund. A new distribution formula for an existing $2.3+ billion education asset.
➡️ Learn more about what the amendment would—and wouldn't—change: https://www.mnasa.org/news/does-minnesotas-permanent-school-fund-amendment-raise-taxes
Students First. Improve the Trust.