MN SF4582

Repeals the state general tax (also called state general levy) effective for taxes payable in 2021, removing a statewide tax on commercial-industrial property and seasonal residential recreational property.

Eliminates the levy amounts of $737,090,000 for commercial-industrial property and $41,690,000 for seasonal residential recreational property that were imposed under section 275.025.

Modifies property tax notice requirements to remove references to the state general tax and updates related statutory language in sections 273.1231, 273.13, 275.065, 275.28, and 469.1794.

Repeals sections 273.42, 275.025 (subdivisions 1-6), and 276.112 which contained the state general tax rate, definitions, levy procedures, and county treasurer settlement requirements.

All amendments and repeals become effective for taxes payable beginning in 2021.