Consolidates property tax classifications, modifies rates, and eliminates certain tax classifications.

Minnesota HF149 consolidates property tax classifications, modifies classification rates, and eliminates the state general levy on seasonal residential recreational property. It also eliminates the blind and disabled property tax classification, replacing it with a refund system. Additionally, it repeals the aggregate resource preservation property tax law. These changes are set to take effect beginning with property taxes payable in 2027.

Consolidates property tax classifications, modifies rates, and eliminates certain tax classifications.

Minnesota HF149 consolidates property tax classifications, modifies classification rates, and eliminates the state general levy on seasonal residential recreational property. It also eliminates the blind and disabled property tax classification, replacing it with a refund system. Additionally, it repeals the aggregate resource preservation property tax law. These changes are set to take effect beginning with property taxes payable in 2027.