HF 4614

as introduced - 91st Legislature (2019 - 2020) Posted on 04/30/2020 09:42am

A bill for an act
relating to taxation; property; establishing a moratorium on reclassifying short-term
rental properties.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MORATORIUM ON CHANGES IN ASSESSMENT; SHORT-TERM
RENTAL PROPERTIES.
new text end

new text begin For assessment years 2020 and 2021, property that the assessor determines to be used
for short-term rental purposes based on the assessor's determination of the property's primary
use must receive the same classification under Minnesota Statutes, section 273.13, as the
property received for assessment year 2019, unless there is a change in primary use or a
change is necessary to correct a clerical error.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for assessment years 2020 and 2021
only.
new text end