HF 932

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; property; providing for physical 
  1.3             appraisal of property every five years; amending 
  1.4             Minnesota Statutes 2002, sections 273.01; 273.08. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 2002, section 273.01, is 
  1.7   amended to read: 
  1.8      273.01 [LISTING AND ASSESSMENT, TIME.] 
  1.9      All real property subject to taxation shall be listed and 
  1.10  at least one-fourth one-fifth of the parcels listed shall be 
  1.11  appraised each year with reference to their value on January 2 
  1.12  preceding the assessment so that each parcel shall be 
  1.13  reappraised at maximum intervals of four five years.  All real 
  1.14  property becoming taxable in any year shall be listed with 
  1.15  reference to its value on January 2 of that year.  Except as 
  1.16  provided in this section and section 274.01, subdivision 1, all 
  1.17  real property assessments shall be completed two weeks prior to 
  1.18  the date scheduled for the local board of review or 
  1.19  equalization.  No changes in valuation or classification which 
  1.20  are intended to correct errors in judgment by the county 
  1.21  assessor may be made by the county assessor after the board of 
  1.22  review or the county board of equalization has adjourned; 
  1.23  however, corrections of errors that are merely clerical in 
  1.24  nature or changes that extend homestead treatment to property 
  1.25  are permitted after adjournment until the tax extension date for 
  2.1   that assessment year.  Any changes made by the assessor after 
  2.2   adjournment must be fully documented and maintained in a file in 
  2.3   the assessor's office and shall be available for review by any 
  2.4   person.  A copy of any changes made during this period shall be 
  2.5   sent to the county board no later than December 31 of the 
  2.6   assessment year.  In the event a valuation and classification is 
  2.7   not placed on any real property by the dates scheduled for the 
  2.8   local board of review or equalization the valuation and 
  2.9   classification determined in the preceding assessment shall be 
  2.10  continued in effect and the provisions of section 273.13 shall, 
  2.11  in such case, not be applicable, except with respect to real 
  2.12  estate which has been constructed since the previous 
  2.13  assessment.  Real property containing iron ore, the fee to which 
  2.14  is owned by the state of Minnesota, shall, if leased by the 
  2.15  state after January 2 in any year, be subject to assessment for 
  2.16  that year on the value of any iron ore removed under said lease 
  2.17  prior to January 2 of the following year.  Personal property 
  2.18  subject to taxation shall be listed and assessed annually with 
  2.19  reference to its value on January 2; and, if acquired on that 
  2.20  day, shall be listed by or for the person acquiring it.  
  2.21     [EFFECTIVE DATE.] This section is effective for assessments 
  2.22  on or after January 2, 2004. 
  2.23     Sec. 2.  Minnesota Statutes 2002, section 273.08, is 
  2.24  amended to read: 
  2.25     273.08 [ASSESSOR'S DUTIES.] 
  2.26     The assessor shall actually view, and determine the market 
  2.27  value of each tract or lot of real property listed for taxation, 
  2.28  including the value of all improvements and structures thereon, 
  2.29  at maximum intervals of four five years and shall enter the 
  2.30  value opposite each description. 
  2.31     [EFFECTIVE DATE.] This section is effective for assessments 
  2.32  on or after January 2, 2004.