2017 Minnesota Statutes
Chapters 289A - 295 — VARIOUS STATE TAXES AND PROGRAMS
Chapter 290B — SENIOR CITIZENS' PROPERTY TAX DEFERRAL
Section 290B.01 — PURPOSE.

Universal Citation: MN Stat § 290B.01 (2017)
290B.01 PURPOSE.

Minnesota's system of ad valorem property taxation does not adequately recognize the unique financial circumstances of homestead property owned and occupied by low-income senior citizens. It is therefore declared to be in the public interest of this state to stabilize tax burdens on homestead property owned by qualifying low-income senior citizens through a deferral of certain property taxes.

History: 1997 c 231 art 14 s 4

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