Minnesota Legislature
Office of the Revisor of Statutes
2006 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
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
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
Official Publication of the State of Minnesota
Revisor of Statutes