Minnesota Statutes Property Taxes (Ch. 272-289) § 273.135. Homestead property tax relief

Subdivision 1. Reduction in tax; tax relief area. The property tax to be paid in respect to property taxable within a tax relief area as defined insection 273.134, paragraph (b), on homestead property, as otherwise determined by law and regardless of the market value of the property, and on nonhomestead portions of property classified as both homestead and nonhomestead property as provided insection 273.124, subdivision 11, for all purposes shall be reduced in the amount prescribed by subdivision 2, subject to the limitations contained therein.

Subd. 2. Reduction amount. The amount of the reduction authorized by subdivision 1 shall be:

Subd. 2. Reduction amount. The amount of the reduction authorized by subdivision 1 shall be:

Subd. 2a. Repealed byLaws 1989, 1st Sp., c. 1, art. 3, § 34, eff. Oct. 4, 1989.

Subd. 3. Certification to commissioner. Not later than December 1 of each year, each county auditor having jurisdiction over one or more tax relief areas shall certify to the commissioner of revenue an estimate of the total amount of the reduction, determined under subdivision 2, in taxes payable the next succeeding year with respect to all tax relief areas in the county.

Subd. 4. Repealed by Laws 1981, 1st Sp., c. 1, art. 10, § 30, eff. June 7, 1981.

Subd. 5. Reduction additional. For the purposes of this section, the amount of property tax to be paid shall be determined after the allowance of any reduction prescribed bysection 273.13, and the reduction prescribed by this section shall be in addition to that prescribed bysection 273.13.