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Business groups seek protection of nonpublic commercial tax data; counties warn of costs and transparency tradeoffs
Summary
House File 2‑959 would prevent otherwise nonpublic commercial property financial data from becoming public through tax appeals. Business groups argued for protections; several counties, including Hennepin, opposed the bill citing administrative burden and potential limits on assessors' ability to set uniform values.
House File 2‑959 drew extended debate on April 3 over whether income and lease information for commercial properties should remain nonpublic when used in property tax appeals.
Representative Scott, sponsor of the bill, told the committee the measure responds to a Minnesota Supreme Court decision (Oracle) and seeks to prevent taxpayer financial information from being made public through the property tax appeal process. “Business owners invest significant effort in keeping financial information confidential, and it should not be publicly accessible through an open backdoor,”…
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