This bill amends Minnesota Statutes to extend the expiration date for the authority to impose deed and mortgage taxes in Hennepin County and Ramsey County from January 1, 2028, to January 1, 2036. The amendments specifically affect sections 383A.80 and 383B.80, both of which are updated to reflect this new expiration date.

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 future transactions within the specified counties.

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