as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 08/14/1998 |
1.1 A bill for an act 1.2 relating to taxation; authorizing an exception to time 1.3 requirements for qualifying for a property tax 1.4 exemption. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. [TAX-EXEMPT PROPERTY; EXCEPTION TO TIME 1.7 REQUIREMENT.] 1.8 Notwithstanding the time requirements of Minnesota 1.9 Statutes, section 272.02, subdivision 4, paragraph (b), for 1.10 taxes levied in 1991, payable in 1992, the governing body of a 1.11 county that has a population exceeding 700,000 according to the 1.12 most recent federal decennial census may grant a property tax 1.13 exemption for property that (1) meets the requirements of exempt 1.14 property under Minnesota Statutes, section 272.02, subdivision 1.15 4, paragraph (b), except for the July 1 date; (2) was an 1.16 athletic facility classified as class 3 commercial and 1.17 industrial property on January 2, 1991; and (3) was acquired 1.18 during 1991 by a church. 1.19 Sec. 2. [EFFECTIVE DATE.] 1.20 Section 1 is effective the day following final enactment, 1.21 and applies to property taxes levied in 1991, payable in 1992, 1.22 only.