273.1232 TAX RELIEF FOR DESTROYED PROPERTY; GENERAL PROVISIONS. Subdivision 1. Reassessments required. For the purposes of sections 273.1231 to 273.1235, the county assessor must reassess all damaged property in a disaster or emergency area, except that the commissioner of revenue shall reassess all property for which an application is submitted to the commissioner under section 273.1233 or 273.1235. As soon as practical, the assessor or commissioner of revenue must report the reassessed value to the county auditor. Subd. 2. Local tax rates. Except as otherwise required by law, the county auditor must compute local tax rates for taxes payable in the year following the year in which the damage occurred using the values established for the January 2 assessment. History: 1Sp2007 c 2 art 3 s 7; 2008 c 366 art 15 s 6
Minnesota Legal Code