MN SF3339

Amends Minnesota Statutes section 273.13, subdivision 25 to modify requirements for class 4c property classification in taxation

Adds a new alternative pathway for seasonal residential recreational property to qualify for class 4c status if it contains 20 or fewer rental units, is located in a township or city with population of 2,500 or less outside the metropolitan area, and contains a portion of a state trail administered by the Department of Natural Resources

Requires property owners seeking class 4c classification to submit declarations to assessors by January 15 of the assessment year, designating units occupied 250 days or less, with remaining units classified as class 3a

Sets class rate of 1.5 percent for class 4c property market value, with specific exceptions for different property types including one percent rate for first $500,000 of commercial-use seasonal residential recreational property

Effective for taxes levied in 2010, payable in 2011 and thereafter