as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 12/19/1997 |
1.1 A bill for an act 1.2 relating to taxation; exempting agricultural loans 1.3 from the mortgage registry tax; amending Minnesota 1.4 Statutes 1996, section 287.04, by adding a subdivision. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. Minnesota Statutes 1996, section 287.04, is 1.7 amended by adding a subdivision to read: 1.8 Subd. 3. [AGRICULTURAL LOANS.] No tax is imposed upon an 1.9 agricultural loan which is or may be secured by any mortgage of 1.10 real property situated within the state.