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Minn. Stat. § 273.1393

COMPUTATION OF NET PROPERTY TAXES.

1985 c 300 s 8; 1Sp1985 c 14 art 4 s 67; 1987 c 268 art 5 s 7; art 6 s 28; 1987 c 291 s 210; 1988 c 719 art 5 s 25; 1989 c 277 art 2 s 32; 1997 c 231 art 1 s 13; 1Sp2001 c 5 art…

Notwithstanding any other provisions to the contrary, "net" property taxes are determined by subtracting the credits in the order listed from the gross tax:

(1) disaster credit as provided in sections 273.1231 to 273.1235 ;

(2) powerline credit as provided in section 273.42 ;

(3) agricultural preserves credit as provided in section 473H.10 ;

(4) enterprise zone credit as provided in section 469.171 ;

(5) disparity reduction credit;

(6) conservation tax credit as provided in section 273.119 ;

(7) the school bond credit as provided in section 273.1387 ;

(8) agricultural credit as provided in section 273.1384 ;

(9) taconite homestead credit as provided in section 273.135 ;

(10) supplemental homestead credit as provided in section 273.1391 ; and

(11) the bovine tuberculosis zone credit, as provided in section 273.113 .

The combination of all property tax credits must not exceed the gross tax amount.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.