SF 3462

as introduced - 89th Legislature (2015 - 2016) Posted on 04/07/2016 10:08am

A bill for an act
relating to taxation; property; modifying refunds of mistakenly billed taxes;
amending Minnesota Statutes 2014, section 278.14, subdivision 1.

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

Section 1.

Minnesota Statutes 2014, section 278.14, subdivision 1, is amended to read:

Subdivision 1.

Applicability.

A county must pay a refund of a mistakenly billed
tax as provided in this section. As used in this section, "mistakenly billed tax" means an
amount of property tax that was billed, to the extent the amount billed exceeds the accurate
tax amount due to a deleted text begin misclassification of the owner's property under section 273.13 or a deleted text end
mathematical error in the calculation of the tax on the owner's property, together with
any penalty or interest paid on that amount. This section applies only to taxes payable
in the current year and the two prior years. As used in this section, "mathematical error"
is limited to an error in:

(1) converting the market value of a property to tax capacity or to a referendum
market value;

(2) application of the tax rate as computed by the auditor under sections 275.08,
subdivisions 1b, 1c, and 1d; 276A.06, subdivisions 4 and 5; and 473F.07, subdivisions 4
and 5, to the property's tax capacity or referendum market value; or

(3) calculation of or eligibility for a credit.

deleted text begin The remedy provided under this section does not apply to a misclassification under
section 273.13 that is due to the failure of the property owner to apply for the correct
classification as required by law.
deleted text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective based on property taxes payable in
2017 and thereafter.
new text end