MN HF2247

Adds public housing agencies and housing and redevelopment authorities to the definition of "local governments" entitled to sales tax exemptions effective after June 30, 2014.

Changes payments in lieu of taxes from mandatory to optional, allowing governing bodies to voluntarily agree with public housing authorities on payment amounts rather than requiring automatic 5 percent service charges on shelter rentals.

Removes the previous requirement that public housing authorities file annual statements of shelter rentals with assessors and automatically pay service charges based on rental income.

Permits agreed-upon payments to be based on shelter rentals or other negotiated bases, with a cap at the amount that would be owed in taxes if the property were not tax-exempt, effective January 1, 2015.