Relating to taxation;

ARTICLE 1 - DEPARTMENT POLICY AND TECHNICAL: INCOME AND CORPORATE FRANCHISE TAXES

Modifying certain definitions and certain provisions relating to corporate estimated taxes payment, tax assessments time limitations, federal extension, operating loss deduction, and unitary business ownership

ARTICLE 2 - DEPARTMENT POLICY AND TECHNICAL: PROPERTY TAX

Clarifying air flight property tax; modifying assessor appraisal activities for exempt property used by private entity for profit, the rural preserve property tax program, homestead applications, agricultural homesteads, class 4bb residential classifications, leased exempt property tax, railroads and utilities administrative appeals, the rural area definition for electrical cooperative per capita tax, delinquent property tax notices, and lien notice requirements under the senior citizens property tax deferral program; repealing obsolete provisions

ARTICLE 3 - DEPARTMENT POLICY AND TECHNICAL: SALES AND USE TAXES; SPECIAL TAXES

Modifying the automobile theft prevention surcharge; defining real property partitions for deeds; modifying presumption of tax burden of proof and defining "taken in good faith"; redefining whole sales price for tobacco products for liquor taxation purposes; clarifying brewer credit eligibility requirements; modifying the surplus line brokers nonadmitted insurance premium tax; repealing the automobile theft prevention surcharge and account

ARTICLE 4 - DEPARTMENT POLICY AND TECHNICAL: MINERALS

Removing the property tax exemption for direct reduced ore subject to net proceeds tax; defining hydrometallurgical processes for the nonferrous occupation tax; modifying the distribution of net proceeds tax on mining or extractions outside the taconite assistance area

ARTICLE 5 - DEPARTMENT POLICY AND TECHNICAL: MISCELLANEOUS

Making policy, technical, administrative, and other changes to certain miscellaneous tax provisions; modifying department of management and budget (MMB) unpaid state warrant duplicate issuance requirements, revenue department provisions relating to notice of determination requirements, penalty for failure to pay electronically, wage levy disclosure or payments notice and procedures, and the interest on penalties time frame; clarifying civil penalties for nonpayment of tax

ARTICLE 6 - PUBLIC FINANCE

Modifying issuance of county capital improvement bonding requirements; expanding the definition of capital improvement; modifying county bonds application of election requirement and limitations on amount, public facility and enterprise zone facility bonds definitions, the bond allocation carryforward rules for tax-exempt bonding, municipality capital improvement bonding requirements, the reverse referendum authority for city capital improvement bonds, limitations on amount, and street construction bond reverse referendum; extending and increasing the annual maximum debt Saint Paul may issue; authorizing Itasca county to issue general obligation bonds for the county nursing home; authorizing Woodbury to issue bonds to finance the Bielenberg sports center under certain conditions and without a referendum

ARTICLE 7 - PROPERTY TAXES

Modifying expenditure type reporting requirements for the monetary benefit in the performance standard measures program for certain counties or cities for 2012 only; removing a property tax working group recommendation legislative tax committee review requirement; authorizing the revival of the bovine tuberculosis property tax credit for properties meeting certain criteria; modifying the state general levy base amount for commercial-industrial and seasonal recreation property for 2013 and after; requiring counties and certain cities to report additional budgetary information; providing for expenditure type reporting; requiring a municipality to publicize the availability of information for certain property tax and budget notices; allowing alternative publication of budgetary information under certain conditions; penalty provision; modifying certain information included on property tax statements and notices and the targeting property tax refund formula for gross property tax additional refunds; authorizing forfeiture of a certain percentage of local government aid for cities not submitting the required financial documents to the state auditor by the required deadline; modifying the tax levy authority of the Cook-Orr hospital district; authorizing Carlton county to levy a tax for Sawyer cemetery purposes; making permanent the allowance for agricultural homestead classification for homeowners living off farms due to flooding for property located in Marshall county; clarifying holding of property by political subdivisions for economic development; repealing the requirement for review of property tax system benchmark and indicators

ARTICLE 8 - INDIVIDUAL INCOME AND CORPORATE FRANCHISE TAXES

Modifying small business investment tax credit, requiring promotion of the credit in greater Minnesota, and expanding the data privacy definition for small business applications; conforming certain rollover provisions in individual retirement accounts (IRA); modifying the research activities income tax credit; modifying the historic structure rehabilitation income and corporate franchise tax credit; extending the sunset on the historic structure rehabilitation tax credit; providing a veterans jobs tax credit to qualified employers and appropriating money

ARTICLE 9 - SALES AND SPECIAL TAXES

Modifying the sales and use tax payment due dates by removing certain remittance exceptions for vendors; repealing the accelerated payment of monthly sales tax liability penalty for underpayment; exempting certain medical laboratory services payments from gross revenues taxation; modifying the general sales and use tax retail sale definition to include certain rent-to-own or lease-to-own used vehicles; clarifying use of motor vehicle lease sales tax revenue; providing an upfront general sales and use tax exemption for capital equipment materials purchased for business use; clarifying the qualification for the qualified data centers tax exemption; modifying certain sales tax exemption provisions relating to the sales of certain items between established religious orders and affiliated institutions of higher education; exempting certain nursing homes and boarding care homes sales from the sales and use tax, specifying sales tax applicability; exempting liquor retailers from filing exemption certificate copies in the annual information report to the commissioner of revenue; modifying the list of cities that share revenue from the Rochester local sales tax; increasing the lodging tax authority and repealing the authority for a food and beverage tax Rochester; modifying the St. Cloud area cities local sales and use tax by extending it to regional facilities and delaying the date of tax termination upon referendum approval; modifying the use of local sales tax revenues for Clearwater

ARTICLE 10 - LOCAL DEVELOPMENT

Modifying the definition of authority; modifying the definition of redevelopment district for tax increment financing (TIF) eligibility purposes and allowing authorities in mining reclamation project areas to establish redevelopment districts, renewal and renovation districts, and soils condition or soil deficiency districts; extending the deadline for TIF increments to stimulate construction; extending the Oakdale TIF time limit; designating parcels deemed occupied; authorizing Bloomington to extend TIF district duration limits; authorizing the Dakota county development authority to establish a redevelopment TIF district comprised of certain properties; allowing special rules for a Brooklyn Park TIF district; clarifying St. Cloud TIF district #2 revenue treatment

ARTICLE 11 - ESTATE TAXES

Clarifying the definition of family member and qualified heir; modifying certain recapture tax returns and payment due date requirements; clarifying exclusions for small business property estate tax and qualified farm property; modifying certain recapture tax requirements; making policy, technical, administrative, and other changes to certain tax provisions

ARTICLE 12 - HOMESTEAD MARKET VALUE CLEANUP

Clarifying limits on taxation, spending, and incurring debt based on market values; defining certain terms; making technical and clarifying changes; repealing obsolete provisions; requiring the adjusted net tax capacity to be reduced by the captured tax capacity under certain conditions; defining
estimated and taxable market values and making conforming changes; clarifying the homestead market exclusion homestead treatment; modifying tax statements contents; specifying requirements for net tax capacity increases upon homestead market value exclusion; making conforming changes

ARTICLE 13 - MISCELLANEOUS TAXES

Establishing the Greater Minnesota internship program and appropriating money; changing the definition of qualified brewer producing fermented malt beverages to qualify for the tax credit; authorizing Vergas in Otter Tail county to impose an aggregate tax; authorizing the commissioner of revenue to allocate money for tax reductions to border city enterprise zones on the state western border; providing a purpose statement for tax expenditures; requiring the MMB commissioner to cancel funds from the budget reserve account; appropriating money to the commissioner of employment and economic development (DEED) for the Minnesota investment fund
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