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MN SF4471

Bill

Official Source

Status

Introduced

4/16/2020

Primary Sponsor

Rich Draheim

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Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Establishes a moratorium on reclassifying short-term rental properties for assessment years 2020 and 2021
  • Properties determined by assessors to be used for short-term rental purposes must retain the same classification under Minnesota Statutes section 273.13 that they received for assessment year 2019
  • Allows reclassification changes only if necessary to correct an assessment error
  • Moratorium expires after assessment year 2021 and does not apply to future assessment years
  • Referred to the Senate Taxes Committee as of April 16, 2020

Legislative Description

Short term rental properties reclassification moratorium establishment

Last Action

Referred to Taxes

4/16/2020

Committee Referrals

Taxes4/16/2020

Full Bill Text

No bill text available