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MN SF3086
Bill
Status
Introduced
3/8/2010
Primary Sponsor
Michael Jungbauer
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AI Summary
- Requires assessors to value property classified as residential homestead using residential market values, regardless of the property's zoning classification
- Amends Minnesota Statutes 2008, section 273.11 by adding subdivision 24 regarding valuation of residential homestead property
- Effective for assessment year 2010 and thereafter, for taxes payable in 2011 and thereafter
Legislative Description
Property tax market valuation for residential homestead property requirement
Last Action
Senate: Introduction and first reading
3/8/2010
Committee Referrals
Taxes3/8/2010
Full Bill Text
No bill text available