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MN SF4013

Bill

Status

Introduced

3/5/2020

Primary Sponsor

Ann Rest

Click for details

Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Requires property owners or managing agents to furnish certificates of rent paid to renters on or before February 1 of the following year, with certificates made available at move-out if renter leaves before December 31.

  • Requires owners or managing agents to retain duplicates or equivalent records of rent paid certificates for three years and make them available to the commissioner upon request.

  • Authorizes the commissioner to require owners or managing agents to submit copies of rent paid certificates to the commissioner by March 1 through a simple process, and may require Social Security numbers, taxpayer identification numbers, or employer identification numbers.

  • Directs the commissioner to consult with owners and managing agents before implementation to develop a plan that minimizes financial burdens, administration costs, and compliance costs while considering existing systems.

  • Extends the definition of "owner" to include mobile home park owners and "property" to include mobile home lots, effective for rent paid after December 31, 2019.

Legislative Description

Property tax refund certificates of rent paid requirements modification

Last Action

Referred to Taxes

3/5/2020

Committee Referrals

Taxes3/5/2020

Full Bill Text

No bill text available