MN HF4747 | 2023-2024 | 93rd Legislature
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on March 7 2024 - 25% progression, died in committee
Action: 2024-03-07 - Introduction and first reading, referred to Taxes
Pending: House Taxes Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 7 2024 - 25% progression, died in committee
Action: 2024-03-07 - Introduction and first reading, referred to Taxes
Pending: House Taxes Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Property taxation; redevelopment district tax increment use authorized to convert vacant or underused commercial or industrial buildings to residential purposes, rules provided for calculating original net tax capacity of property to be converted from commercial or industrial to residential purposes, and district exemptions established to convert vacant or underused commercial or industrial purposes from the market value finding requirement.
Title
Property taxation; redevelopment district tax increment use authorized to convert vacant or underused commercial or industrial buildings to residential purposes, rules provided for calculating original net tax capacity of property to be converted from commercial or industrial to residential purposes, and district exemptions established to convert vacant or underused commercial or industrial purposes from the market value finding requirement.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-07 | House | Introduction and first reading, referred to Taxes |
Same As/Similar To
SF4981 (Similar To) 2024-03-14 - Referred to Taxes
