§ 270.92 — Definitions
Plain-Language Summary
Previously governed definitions under the Department of Revenue.
270.92 DEFINITIONS.
§
Subdivision 1.Scope of application.
For purposes of sections 270.91 to 270.98, the following terms have the meanings given. §
Subd. 2.Assessment year.
“Assessment year” means the assessment year for purposes of general ad valorem property taxes. §
Subd. 3.Contaminant.
“Contaminant” means a harmful substance as defined in section 115B.25, subdivision 7a. §
Subd. 4.Contaminated market value.
“Contaminated market value” is the amount determined under section 270.93. §
Subd. 5.Presence of contaminants.
“Presence of contaminants” includes the release or threatened release, as defined in section 115B.02, subdivision 15, of contaminants on the property. §
Subd. 6.Response plan.
“Response plan” means: (1) a development action response plan, as defined in section 469.174, subdivision 17; (2) a response action plan under chapter 115B or a corrective action plan under chapter 18D; (3) a plan for corrective action approved by the commissioner of agriculture under section 18D.105; or (4) a plan for corrective action approved by the commissioner of the Pollution Control Agency under section 115C.03.
History:
History: History:
1993 c 375 art 12 s 2