Section 273.1393 - COMPUTATION OF NET PROPERTY TAXESNotwithstanding 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.
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 3 s 39; 1Sp2007 c 2 art 3 s 11; 2008 c 366 art 6 s 30; 1Sp2011 c 7 art 6s 6
Amended by 2017 Minn. Laws, ch. 1,s 4-4, eff. 8/1/2017.