SF 2250

as introduced - 89th Legislature (2015 - 2016) Posted on 03/16/2016 03:31pm

A bill for an act
relating to taxation; removing limitation on reissuing uncashed rebate or property
tax refund warrant or check; amending Minnesota Statutes 2014, sections
270C.347, subdivision 1; 290A.18, subdivision 2.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2014, section 270C.347, subdivision 1, is amended to
read:

Subdivision 1.

Checks and warrants, authority to reissue.

Notwithstanding any
other provision of law, the commissioner deleted text begin may, based on a showing of reasonable cause,
deleted text end new text begin must new text end reissue an uncashed rebate or property tax refund warrant or check that has lapsed
under any provision of law relating to rebates or under section 290A.18, subdivision 2 deleted text begin .
The authority to reissue warrants or checks under this subdivision is limited to five years
after the date of issuance of the original warrant or check deleted text end new text begin , upon request of the claimant new text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2016, and applies to a rebate
or property tax refund warrant or check issued in 2016 and thereafter.
new text end

Sec. 2.

Minnesota Statutes 2014, section 290A.18, subdivision 2, is amended to read:

Subd. 2.

Claimant cannot be located.

If the commissioner cannot locate the
claimant within two years from the date that the original warrant was issued, or if a
claimant to whom a warrant has been issued does not cash that warrant within two years
from the date the warrant was issued, deleted text begin the right to the credit shall lapse, and deleted text end the warrant
shall be deposited in the general fund.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective July 1, 2016, and applies to a rebate
or property tax refund warrant or check issued in 2016 and thereafter.
new text end