HF 1770

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

  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.