Minnesota § 469.1732 - TAX INCENTIVES WITHIN DEVELOPMENT ZONES
Full text of Minnesota Minnesota Statutes § 469.1732 — TAX INCENTIVES WITHIN DEVELOPMENT ZONES, with citation guidance and answers to common questions.
§ 469.1732. TAX INCENTIVES WITHIN DEVELOPMENT ZONES
Subdivision 1.Authority.
A business that conducts business activity within a border city development zone designated under section 469.1731 may qualify for the property tax exemption under section 272.0212 and the sales tax exemption under section 469.1734, subdivision 6.
Subd. 2.
MS 2000 [Repealed, 1Sp2001 c 5 art 9 s 30]
Subd. 3.Phaseout at end of zone duration.
During the last three years of the duration of a border city development zone, the available exemptions, subtractions, or credits are reduced by the following percentages for the taxes payable year or the taxable years that begin during:
(1) the calendar year that is two years before the final year of designation as a development zone, 25 percent;
(2) the calendar year that is immediately before the final year of designation as a development zone, 50 percent; and
(3) for the final calendar year of designation as a development zone, 75 percent.
History:
1998 c 389 art 12 s 7; 1Sp1998 c 3 s 4; 1Sp2001 c 5 art 9 s 28
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 469.1732
What does Minnesota Statutes § 469.1732 cover?
Section 469.1732 ("TAX INCENTIVES WITHIN DEVELOPMENT ZONES") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 469.1732?
A common citation format is "Minnesota Statutes § 469.1732" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 469.1732 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.