Class rates for manufactured home parks modified.

This bill modifies property tax classification rates for manufactured home parks and other residential properties in Minnesota. It primarily affects owners of manufactured homes and landlords by redefining how these properties are categorized under Class 4 for tax assessment purposes. The legislation adjusts the specific criteria for different sub-classes, such as changing the rental duration requirements for short-term rentals and updating rules for recreational properties like golf courses and seasonal cabins. As a result, some properties may shift between tax classes, which could alter the classification rate applied to their market value for the upcoming tax year.