MN SF1121

Repeals the state general tax (state property tax) levied on commercial-industrial and seasonal residential recreational property, effective for taxes payable in 2024.

Removes references to the state general tax from property tax notice requirements, tax calculation procedures, and tax increment financing district provisions.

Modifies the definition of "net tax" to exclude the state general tax levy from property tax calculations.

Repeals Minnesota Statutes sections 273.42, 275.025 (state general tax provisions), and 276.112 (state property tax settlement procedures).

All amendments are effective beginning with taxes payable in 2024.