1.1 	A bill for an act
1.2 	relating to taxation; requiring registration of certain relative homestead 
1.3 	properties;amending Minnesota Statutes 2004, section 273.124, by adding a 
1.4 	subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2004, section 273.124, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 22.Annual registration of certain relative homesteads. If the owner of 
1.9 	property or the owner's relative who occupies property that is classified as a homestead 
1.10 	under subdivision 1, paragraph (c), receives compensation for allowing occupancy of any 
1.11 	part of that property for a period that exceeds 31 consecutive days during the calendar 
1.12 	year, the recipient of the compensation must register the property with the city in which 
1.13 	it is located no later than 60 days after the initial rental period began. This requirement 
1.14 	applies to property located in a city that has a population over 25,000. Each such city must 
1.15 	maintain a file of these property registrations that is open to the public, and retain the 
1.16 	registrations for one year after the date of filing.

1.17 	EFFECTIVE DATE. This section is effective July 1, 2006.