{"data":{"id":"us-mn/minn.-stat.-469.1732","jurisdiction":"us-mn","citation":"Minn. Stat. § 469.1732","heading":"TAX INCENTIVES WITHIN DEVELOPMENT ZONES.","body":"Subdivision 1. Authority.\nA business that conducts business activity within a border city development zone designated under section 469.1731 may qualify for the property tax exemption under section 272.0212 and the sales tax exemption under section 469.1734, subdivision 6.\nSubd. 2.\nMS 2000 [Repealed, 1Sp2001 c 5 art 9 s 30]\nSubd. 3. Phaseout at end of zone duration.\nDuring the last three years of the duration of a border city development zone, the available exemptions, subtractions, or credits are reduced by the following percentages for the taxes payable year or the taxable years that begin during:\n(1) the calendar year that is two years before the final year of designation as a development zone, 25 percent;\n(2) the calendar year that is immediately before the final year of designation as a development zone, 50 percent; and\n(3) for the final calendar year of designation as a development zone, 75 percent.","path":["LOCAL ECONOMIC DEVELOPMENT","CHAPTER 469. ECONOMIC DEVELOPMENT","BORDER CITY ENTERPRISE ZONES"],"source_url":"https://www.revisor.mn.gov/statutes/cite/469.1732","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:47Z","sha256":"f8b8759cef48544cb72e0e9d7c27601cfdaef429b9c65c91afa1c1f8cecce099","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-469.1731","next":"us-mn/minn.-stat.-469.1733"},"notice":"GroundRules: Original legal text. Not legal advice."}