SF 3278

as introduced - 89th Legislature (2015 - 2016) Posted on 03/30/2016 08:53am

A bill for an act
relating to taxation; property; prohibiting the state board of equalization from
issuing an order requiring a reclassification of property to or from an agricultural
classification; amending Minnesota Statutes 2014, section 270.12, subdivision 5.

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

Section 1.

Minnesota Statutes 2014, section 270.12, subdivision 5, is amended to read:

Subd. 5.

Equalization orders.

The Board of Equalization may, pursuant to
its responsibilities under subdivisions 2 and 3, issue orders to ensure that the results
of local and county boards of equalization are consistent with the objective of state
equalization new text begin , provided, however, that the board must not issue an order requiring that a
property's classification be changed from an agricultural classification or to an agricultural
classification new text end . The board may issue, at its discretion, a supplemental order to amend,
supersede, or correct a prior order of the board or an order of a local or county board. The
supplemental order must be issued within 60 days of the order to be changed. The board
may issue to a local or county board of equalization, within ten business days of the
receipt of minutes of a local or county board of equalization, an order explaining the action
that the state board believes will be necessary to effect the objective of state equalization.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for assessment year 2016 and
thereafter.
new text end