Loading chat...

MN HF4614

Bill

Official Source

Status

Introduced

4/30/2020

Primary Sponsor

Sandy Layman

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Establishes a moratorium on reclassifying short-term rental properties for assessment years 2020 and 2021.
  • Requires properties used for short-term rentals to maintain the same classification under Minnesota Statutes section 273.13 that they received for assessment year 2019.
  • Allows reclassification only if there is a change in the property's primary use or if a change is necessary to correct a clerical error.
  • Moratorium expires after assessment year 2021.

Legislative Description

Property tax; short-term rental property reclassifying moratorium established.

Last Action

Introduction and first reading, referred to Property and Local Tax Division

4/30/2020

Committee Referrals

Property and Local Tax4/30/2020

Full Bill Text

No bill text available