as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 04/04/2005 |
A bill for an act
relating to taxation; providing that property located
in a tax increment financing district in Nobles County
is not eligible for a property tax exemption under the
JOBZ program.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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The provisions of Minnesota Statutes, section 272.02,
subdivision 64, which provide a property tax exemption for
certain property located in an agricultural processing facility
zone, do not apply to Tax Increment Financing District No. 1-1,
an economic development district established by the Rural
Development and Financing Authority of Jackson and Nobles
Counties in October of 2002.
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This section is effective for taxes
payable in 2005, and thereafter.
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