Minnesota HF632 allows valuation reductions for certain properties with conservation restrictions or easements, and makes technical corrections.

Minnesota HF632 amends the property tax valuation for certain properties with conservation restrictions or easements. The bill allows valuation reductions for properties with conservation restrictions or easements in nonmetropolitan counties that authorized the assessor to consider the impact of these restrictions or easements on the property's value. It also applies to conservation restrictions or easements entered into prior to May 23, 2013.

Minnesota HF632 allows valuation reductions for certain properties with conservation restrictions or easements, and makes technical corrections.

Minnesota HF632 amends the property tax valuation for certain properties with conservation restrictions or easements. The bill allows valuation reductions for properties with conservation restrictions or easements in nonmetropolitan counties that authorized the assessor to consider the impact of these restrictions or easements on the property's value. It also applies to conservation restrictions or easements entered into prior to May 23, 2013.