Minnesota § 273.1234 - TAX RELIEF FOR DESTROYED PROPERTY; HOMESTEAD AND DISASTER CREDITS
Full text of Minnesota Minnesota Statutes § 273.1234 — TAX RELIEF FOR DESTROYED PROPERTY; HOMESTEAD AND DISASTER CREDITS, with citation guidance and answers to common questions.
§ 273.1234. TAX RELIEF FOR DESTROYED PROPERTY; HOMESTEAD AND DISASTER CREDITS
Subdivision 1.Credit provided.
The county auditor shall compute a credit for taxes payable in the year following the year in which the damage or destruction occurred for each reassessed homestead property within the county that is located within a disaster or emergency area. The credit is equal to the difference in the net tax on the property computed using the market value of the property established for the January 2 assessment in the year in which the damage occurred and as computed using the reassessed value.
Subd. 2.Credit reimbursements.
The county auditor shall certify the credits granted under this section to the commissioner of revenue for reimbursement to each taxing jurisdiction in which the damaged property is located. The commissioner shall make the payments to the taxing jurisdictions containing the property, other than school districts and the state, at the time distributions are made under section 473H.10, subdivision 3. Reimbursements to school districts shall be made as provided in section 273.1392.
Subd. 3.Appropriation.
There is annually appropriated from the general fund to the commissioner of revenue an amount necessary to make the payments required by this section.
History:
1Sp2007 c 2 art 3 s 9; 2008 c 366 art 15 s 9
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 273.1234
What does Minnesota Statutes § 273.1234 cover?
Section 273.1234 ("TAX RELIEF FOR DESTROYED PROPERTY; HOMESTEAD AND DISASTER CREDITS") 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 § 273.1234?
A common citation format is "Minnesota Statutes § 273.1234" (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 § 273.1234 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.