The bill amends Minnesota Statutes 2024, section 273.124, subdivision 1, to prohibit rental licensing requirements for homesteads occupied by relatives of the owner. Specifically, it states that a home rule charter or statutory city or town cannot require any form of licensing, registration, certificate of occupancy, inspection, or similar documentation for a homestead occupied by a relative. This provision aims to simplify the process for property owners who allow family members to reside in their homesteads without the burden of additional regulatory requirements.

Additionally, the bill clarifies that residential real estate occupied by a relative of the owner will still qualify for homestead treatment, but only to the extent that the treatment would apply if the owner were occupying the property. It also specifies that neither the related occupant nor the owner can claim a property tax refund for a homestead occupied by a relative. The bill includes various definitions and conditions under which homestead classification can be granted, ensuring that the rights of property owners and their relatives are protected while maintaining compliance with existing tax regulations.

Statutes affected:
Introduction: 273.124