Requirement modification to collect tax on certain undivided interest

A bill for an act

relating to taxation; property; modifying requirement to collect tax on certain

undivided interest; amending Minnesota Statutes 2024, section 276.07.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2024, section 276.07, is amended to read:

276.07 UNDIVIDED INTEREST; PAYMENT AND RECEIPT.

A person holding an undivided interest in taxable real property, including mortgagees,

lessees, and others, who by law or contract are required or entitled to pay taxes to protect

any right, title, interest, claim, or lien held by them in, to, or upon it, may pay the taxes on

the undivided interests. The county treasurer may issue a receipt for the amount paid and

specify the interest paid. The treasurer shall enter on the tax list the name of the person who

paid the taxes and the undivided interest, and shall report the payment and nature of the

interest to the county auditor. If the taxes have been paid, the undivided interests are exempt

from proceedings to enforce the collection of the same tax against other undivided interests

upon which the tax has not been paid. The tax upon the undivided interests upon which the

taxes have not been paid
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must
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may
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be collected as though the undivided interests were a

separate description.

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EFFECTIVE DATE.

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This section is effective the day following final enactment.

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