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.
1997 c 231 art 14 s 4
Structure Minnesota Statutes
Chapters 289A - 295 — Various State Taxes And Programs
Chapter 290B — Senior Citizens' Property Tax Deferral
Section 290B.03 — Deferral Of Property Taxes.
Section 290B.04 — Application For Deferral.
Section 290B.05 — Maximum Property Tax Amount And Deferred Property Tax Amount.
Section 290B.06 — Refunds; Offset.
Section 290B.07 — Lien; Deferred Portion.
Section 290B.08 — Termination Of Deferral; Payment Of Deferred Taxes.
Section 290B.09 — State Reimbursement.
Section 290B.10 — Senior Deferral Program; Information Provided.