Legislative Session number- 86

Bill Name: SF0681

1E Relating to taxation; making policy, technical, administrative and clarifying
changes to various taxes and tax-related provisions

ARTICLE 1 - INDIVIDUAL
INCOME, CORPORATE FRANCHISE AND ESTATE TAXES

Modifying corporate franchise
filing requiring requirements for members of a unitary business; specifying
certain filing requirements for information returns for qualified
intermediaries; extending the time limit for filing estate tax returns;
modifying the treatment of federal tax changes for assessment of taxes;
prohibiting an income tax subtraction for certain vehicle expenses of a
qualifying child; modifying income credit allowances for the Minnesota working
family credit; repealing a certain rule relating to school tuition and
transportation

ARTICLE 2 - SALES AND USE TAXES

Modifying the sales tax
exemption for sales to local government units and nonprofit groups to exclude
alcohol; repealing a certain provision relating to constitutional prohibitions
for general exemptions

ARTICLE 3 - SPECIAL TAXES

Modifying mortgage
registry tax exemptions and certain payment of tax requirements; clarifying
certain gross receipt transfer of accounts receivable requirements for surgical
centers and wholesale drug distributors; clarifying gasoline tax filing
provisions; modifying certain gambling tax provisions, specifying certain
gambling organization signature requirements for tax returns and providing for
filing date provisions; modifying certain electronic payment filing requirements
relating to liabilities for pull-tab and tipboard distributors, tobacco products
distributors, liquor distributors and insurance companies; modifying
metropolitan solid waste landfill fee payment requirements; repealing certain
provisions relating to mortgage registry tax stamps and the division and
distribution of mineral tax proceeds

ARTICLE 4 - PROPERTY TAXES AND
AIDS

Modifying the agricultural homestead property tax first tier valuation
limit, clarifying real estate value determinations for tax deferment purposes;
modifying the aggregate resource preservation property tax law; modifying
homestead application requirements for owners of trust property; modifying the
class 2c managed forest land provision and clarifying rules; modifying and
clarifying the class 4 property provision; modifying the date requirement for
personal property assessment certification of pipeline utility property and
transmission line property by commissioner of revenue; modifying county special
board of equalization powers and duties, providing for appeal of the
classification to the county boards of appeal and equalization, modifying board
meeting requirements, modifying exceptions for finalization of recorded
assessment values of real and personal property; clarifying the calculation of
average estimated market value of class 2c managed forest land requirements,
modifying incentive payment calculations; modifying local government aid (LGA)
provisions, modifying the city revenue need formula; repealing certain
rules

ARTICLE 5 - CONDITIONAL USE DEEDS

Relating to real property;
modifying procedures relating to uses and conveyances of tax-forfeited property;
modifying conservation or nonconservation land classification requirements,
specifying county board meeting and notice requirements for classifying or
reclassifying tax-forfeited lands, allowing county boards to designate tracts as
assessed and acquired or by resolution provide for the subdivision or grouping
of certain tracts under certain conditions when classifying, reclassifying,
appraising or selling lands; modifying certain conveyance of targeted
neighborhood lands requirements for a city of the first class; modifying certain
conveyance, deed of conveyance and conveyance to state provisions, modifying
certain reverter for failure to use for an authorized public use requirements;
authorizing commissioner of revenue to execute a conditional use deed for
property held by a governmental subdivision of the state under certain
conditions, imposing conditional use deed fees; modifying county board
supervision requirements for classified conservation lands; modifying certain
requirements for the appraisal and sale of nonconservation lands; specifying
certain city sales alternative procedures requirements; repealing certain
provisions relating to targeted neighborhood lands conveyances, ratification of
old sales of tax-forfeited lands, ratification application, approval and effect
and pending actions not affected and Ramsey county sale of tax-forfeited lands
authority

ARTICLE 6 - MISCELLANEOUS

Modifying certain state debt
collection notice and hearing requirements; modifying data disclosure
requirements to law enforcement agencies, defining harassment; modifying duties
of commissioner of revenue relating to publishing of tax preparers lists,
modifying liability impositions; clarifying certain suspension of time
requirements for tax assessment or collection bankruptcy proceedings
(ra)