MN HF3808

Amends Minnesota Statutes 2009 Supplement, section 279.01, subdivision 1 regarding property tax due dates and penalties.

Changes the threshold for installment payments from $250 to $100 for property owners with multiple tracts or parcels and aggregate taxes exceeding the threshold amount.

Modifies penalty rates for late payment: homestead property at 2% until May 31 and 4% on June 1; nonhomestead property at 4% until May 31 and 8% on June 1.

Adds an additional 1% monthly penalty for both homestead and nonhomestead property accruing from July 1 through October 1 if taxes remain unpaid.

Effective for taxes payable in 2011 and thereafter.