Property and Local Tax Division holds hearing about property tax flexibility for counties, cities

SAINT PAUL, MINNESOTA — The Property and Local Tax Division held an informational hearing today about a bill authored by Rep. Paul Marquart (DFL-Dilworth) that would give counties and cities flexibility with property taxes. A recording of the hearing will be made available here soon courtesy of House Public Information Services.

If approved and signed into law, Rep. Marquart’s bill would allow counties to distribute any property tax payments received after the first-half settlement day in May, for taxes payable in 2020 only. Counties would be allowed to choose a second settlement date for first-half payments and would be required to distribute the funds to local jurisdictions and to the state in the same manner in which they distribute first-half payments. Counties choosing to do this would also be required to file the same state auditor reports that are required for distribution of first-half payments.

This Remote Hearing took place pursuant to Rule 10.01, which you may view here:https://www.house.leg.state.mn.us/cco/rules/permrule/1001.htm