HF 1210

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

  1.1                          A bill for an act 
  1.2             relating to the property tax refund; increasing the 
  1.3             percentage of rent constituting property taxes; 
  1.4             amending Minnesota Statutes 1998, section 290A.03, 
  1.5             subdivision 11. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 290A.03, 
  1.8   subdivision 11, is amended to read: 
  1.9      Subd. 11.  [RENT CONSTITUTING PROPERTY TAXES.] "Rent 
  1.10  constituting property taxes" means 19 28 percent of the gross 
  1.11  rent actually paid in cash, or its equivalent, or the portion of 
  1.12  rent paid in lieu of property taxes, in any calendar year by a 
  1.13  claimant for the right of occupancy of the claimant's Minnesota 
  1.14  homestead in the calendar year, and which rent constitutes the 
  1.15  basis, in the succeeding calendar year of a claim for relief 
  1.16  under this chapter by the claimant. 
  1.17     Sec. 2.  [EFFECTIVE DATE.] 
  1.18     Section 1 is effective beginning for claims based on rent 
  1.19  paid in calendar year 1999.