Source: https://www.revisor.mn.gov/statutes/?id=273.135
Timestamp: 2018-03-21 11:01:12
Document Index: 602576977

Matched Legal Cases: ['art 18', 'art 11', 'art 11', 'art 6', 'art 6', 'art 10', 'art 10', 'art 30', 'art 11', 'art 10', 'art 7', 'art 2', 'art 7', 'art 4', 'art 6', 'art 5', 'art 2', 'art 2', 'art 3', 'art 4', 'art 5', 'art 10', 'art 6', 'art 11', 'art 18']

273.135 - 2017 Minnesota Statutes
Section 273.135
273.1342273.136
2017 Subd. 1 Amended 1Sp2017 c 1 art 18 s 2
2003 Subd. 1 Amended 2003 c 127 art 11 s 3
2003 Subd. 2 Amended 2003 c 127 art 11 s 4
2001 Subd. 1 Amended 1Sp2001 c 5 art 6 s 5
2001 Subd. 2 Amended 1Sp2001 c 5 art 6 s 6
1998 Subd. 2 Amended 1998 c 389 art 10 s 2
273.135 HOMESTEAD PROPERTY TAX RELIEF.
Subdivision 1.Reduction in tax; tax relief area.
The property tax to be paid in respect to property taxable within a tax relief area as defined in section 273.134, paragraph (b), on homestead property, as otherwise determined by law and regardless of the market value of the property, and on nonhomestead portions of property classified as both homestead and nonhomestead property as provided in section 273.124, subdivision 11, for all purposes shall be reduced in the amount prescribed by subdivision 2, subject to the limitations contained therein.
(a) In the case of property located within a municipality as defined under section 273.134, paragraph (a), 66 percent of the tax, provided that the reduction shall not exceed the maximum amounts specified in paragraph (c).
(b) In the case of property located within the boundaries of a school district which qualifies as a tax relief area under section 273.134, paragraph (b), but which is outside the boundaries of a municipality which meets the qualifications prescribed in section 273.134, paragraph (a), 57 percent of the tax, provided that the reduction shall not exceed the maximum amounts specified in paragraph (c).
(c) The maximum reduction of the tax is $315.10 on property described in paragraph (a) and $289.80 on property described in paragraph (b).
Subd. 3.Certification to commissioner.
Not later than December 1 of each year, each county auditor having jurisdiction over one or more tax relief areas shall certify to the commissioner of revenue an estimate of the total amount of the reduction, determined under subdivision 2, in taxes payable the next succeeding year with respect to all tax relief areas in the county.
[Repealed, 1Sp1981 c 1 art 10 s 30]
Subd. 5.Reduction additional.
1969 c 1156 s 5; 1971 c 427 s 13; 1971 c 742 s 1; Ex1971 c 31 art 30 s 9; 1973 c 582 s 3; 1973 c 775 s 1,2; 1975 c 437 art 11 s 3,4; 1977 c 423 art 10 s 3,4; 1980 c 437 s 6; 1980 c 607 art 7 s 1; 1983 c 342 art 2 s 21; 1984 c 502 art 7 s 3-4; 1984 c 593 s 29; 1Sp1985 c 14 art 4 s 62,63; 1986 c 444; 1987 c 268 art 6 s 25; 1988 c 719 art 5 s 22,82,83; 1989 c 277 art 2 s 30; 1Sp1989 c 1 art 2 s 11; art 3 s 11; 1992 c 511 art 4 s 6; 1993 c 375 art 5 s 28; 1998 c 389 art 10 s 2; 1Sp2001 c 5 art 6 s 5,6; 2003 c 127 art 11 s 3,4; 1Sp2017 c 1 art 18 s 2