Sections 1 and 2. [Authorization.] Amends chapter 287, the state mortgage registry and deed tax chapter, to authorize Hennepin and Ramsey counties to impose an additional mortgage registry tax (section 1) and additional deed tax (section 2). Effective the day following final enactment.
Section 3 [Expiration date; Ramsey County] Extends the authority for Ramsey County to impose its mortgage registry and deed tax until January 1, 2023. Effective for deeds and mortgages executed on or after July 1, 2013.
Section 3 [Expiration date; Hennepin County] Extends the authority for Hennepin County to impose its mortgage registry and deed tax until January 1, 2023. Effective for deeds and mortgages executed on or after July 1, 2013.
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