MN HF661

Amends Minnesota Statutes to allow shareholders of manufactured home park cooperatives organized under chapters 308A or 308B to include ground lease payments in homestead credit calculations.

Modifies the definition of "property taxes payable" for homestead credit purposes to include the portion of ground lease payments directly attributable to property taxes assessed against the parcel where the home is located.

Applies specifically to manufactured homes located in manufactured home communities owned by cooperatives and park trailers taxed as manufactured homes under section 168.012, subdivision 9.

Removes exclusion of property taxes assessed against cooperative-owned parks from the determination of taxes payable for rent paid under homestead credit provisions.

Effective beginning with claims for taxes payable in 2018.