This bill amends Minnesota Statutes to extend the expiration date for the deed and mortgage taxes imposed by Hennepin County and Ramsey County. Specifically, the expiration date is changed from January 1, 2028, to January 1, 2036, in both sections 383A.80 and 383B.80.

Additionally, the bill introduces a new effective date provision stating that the changes will apply to all deeds and mortgages acknowledged on or after July 1, 2026. This ensures that the extended tax authority will be in effect for transactions occurring after this date.

Statutes affected:
Introduction: 383A.80, 383B.80