2004 Minnesota Statutes

     273.1315 Certification of 1b property. 

    Any property owner seeking classification and assessment of 
 the owner's homestead as class 1b property pursuant to section 
 273.13, subdivision 22, paragraph (b), shall file with the 
 commissioner of revenue a 1b homestead declaration, on a form 
 prescribed by the commissioner.  The declaration shall contain 
 the following information:  

    (a) the information necessary to verify that the property 
 owner or the owner's spouse satisfies the requirements of 
 section 273.13, subdivision 22, paragraph (b), for 1b 
 classification; and 

    (b) any additional information prescribed by the 
 commissioner.  

    The declaration must be filed on or before October 1 to be 
 effective for property taxes payable during the succeeding 
 calendar year.  The declaration and any supplementary 
 information received from the property owner pursuant to this 
 section shall be subject to chapter 270B.  If approved by the 
 commissioner, the declaration remains in effect until the 
 property no longer qualifies under section 273.13, subdivision 
 22, paragraph (b).  Failure to notify the commissioner within 30 
 days that the property no longer qualifies under that paragraph 
 because of a sale, change in occupancy, or change in the status 
 or condition of an occupant shall result in the penalty provided 
 in section 273.124, subdivision 13, computed on the basis of the 
 class 1b benefits for the property, and the property shall lose 
 its current class 1b classification. 

    The commissioner shall provide to the assessor on or before 
 November 1 a listing of the parcels of property qualifying for 
 1b classification.  

    HIST: 1983 c 342 art 2 s 20; 1984 c 522 s 4; 1Sp1985 c 14 art 
 4 s 61; 1986 c 444; 1988 c 719 art 5 s 20,82,83; 1990 c 426 art 
 1 s 36; 2003 c 127 art 2 s 15 

*   NOTE:  The amendment to this section by Laws 2003, chapter 
*127, article 2, section 15, is effective for taxes payable in 
*2005 and thereafter.  Laws 2003, chapter 127, article 2, section 
*15, the effective date.