MN SF1709

Requires refunds when interest charged on special assessment installments exceeds the actual interest accrued to the date of payment, with the difference treated as an overpayment claimable under section 276.19

Changes interest calculation for prepayment of remaining special assessments from interest accrued to December 31 of the prepayment year to interest accrued to the actual date of payment

Amends Minnesota Statutes section 429.061, subdivisions 2 and 3, governing municipal special assessments for local improvements

Effective the day following final enactment and applies only to special assessments assessed on or after that date