287.29 PAYMENT OF RECEIPTS TO STATE GENERAL FUND; REPORTS.
Subdivision 1. Appointment and payment of tax proceeds.
(a) The proceeds of the taxes
levied and collected under sections
must be apportioned, 97 percent to the
general fund of the state, and three percent to the county revenue fund.
(b) On or before the 20th day of each month, the county treasurer shall determine and pay
to the commissioner of revenue for deposit in the state treasury and credit to the general fund
the state's portion of the receipts for deed tax from the preceding month subject to the electronic
transfer requirements of section
. The county treasurer shall provide any related reports
requested by the commissioner of revenue.
(c) Counties must remit the state's portion of the June receipts collected through June 25
and the estimated state's portion of the receipts to be collected during the remainder of the month
to the commissioner of revenue two business days before June 30 of each year. The remaining
amount of the June receipts is due on August 20.
Subd. 2.[Repealed, 1981 c 164 s 12
Subd. 3.[Repealed, 1Sp1985 c 14 art 11 s 13
History: 1961 c 647 s 9; 1969 c 399 s 1; 1973 c 582 s 3; 1981 c 164 s 2; 1Sp1985 c 14 art
11 s 10; 1Sp1986 c 1 art 4 s 37; 1Sp1989 c 1 art 3 s 25; 1990 c 480 art 7 s 24; 1999 c 31 s 18;
2000 c 260 s 49; 1Sp2003 c 21 art 9 s 5; 2005 c 151 art 2 s 17