HF 220

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; property; changing the 
  1.3             distribution of property tax penalties and interest; 
  1.4             amending Minnesota Statutes 1998, section 276.131. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 1998, section 276.131, is 
  1.7   amended to read: 
  1.8      276.131 [DISTRIBUTION OF PENALTIES, INTEREST, AND COSTS.] 
  1.9      The penalties, interest, and costs collected on special 
  1.10  assessments and real and personal property taxes must be 
  1.11  distributed as follows: 
  1.12     (1) all penalties and interest collected on special 
  1.13  assessments against real or personal property must be 
  1.14  distributed to the taxing jurisdiction that levied the 
  1.15  assessment; 
  1.16     (2) 50 percent of all penalties and interest collected on 
  1.17  real and personal property taxes must be distributed to the 
  1.18  county in which the property is located, and the other 50 
  1.19  percent must be distributed to the school districts within the 
  1.20  county taxing jurisdictions levying taxes on the property in the 
  1.21  same proportion as each taxing jurisdiction's levy for taxes 
  1.22  payable in the year the penalties and interest are collected is 
  1.23  to the total levy of all taxing jurisdictions for taxes payable 
  1.24  in the year the penalties and interest are collected.  The 
  1.25  distribution to the school district must be in accordance with 
  2.1   the provisions of section 127A.34; and 
  2.2      (3) all costs collected by the county on special 
  2.3   assessments and on delinquent real and personal property taxes 
  2.4   must be distributed to the county in which the property is 
  2.5   located.  
  2.6      Sec. 2.  [EFFECTIVE DATE.] 
  2.7      Section 1 is effective for penalties and interest on 
  2.8   property taxes collected after June 30, 1999.