Modifies tax collection requirements for certain undivided interests in Minnesota real property.

This bill amends Minnesota Statutes to modify the tax collection process for certain undivided interests in real property. It allows persons holding undivided interests, including mortgagees and lessees, to pay taxes on these interests. The county treasurer can issue a receipt for the amount paid and specify the interest paid. The bill also exempts paid undivided interests from tax collection enforcement against unpaid interests. The changes take effect the day following final enactment.

Modifies tax collection requirements for certain undivided interests in Minnesota real property.

This bill amends Minnesota Statutes to modify the tax collection process for certain undivided interests in real property. It allows persons holding undivided interests, including mortgagees and lessees, to pay taxes on these interests. The county treasurer can issue a receipt for the amount paid and specify the interest paid. The bill also exempts paid undivided interests from tax collection enforcement against unpaid interests. The changes take effect the day following final enactment.