2025 Session
Last amended: 1996 session
§ 276A.03 — Net Tax Capacity of Commercial-industrial Property
Plain-Language Summary
Requires assessors to certify commercial-industrial property values yearly.
276A.03 NET TAX CAPACITY OF COMMERCIAL-INDUSTRIAL PROPERTY.
By August 5 of 1996 and each subsequent year, the assessors within each county in the area shall determine and certify to the county auditor the net tax capacity in that year of commercial-industrial property subject to taxation within each municipality in the county, determined without regard to section 469.177, subdivision 3. By August 5 of 1996 only, the assessor within each county in the area shall also determine and certify to the county auditor the net tax capacity for the 1995 assessment of commercial-industrial property subject to taxation within each municipality within the county determined without regard to section 469.177, subdivision 3.
History:
History: History:
1996 c 471 art 11 s 5
Practical Notes
Values must be certified by August 5 each year.