Minnesota Legislature
HF 234
as introduced - 87th Legislature (2011 - 2012) Posted on 01/26/2011 10:53am
Current Version - as introduced
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A bill for an act
relating to taxation; the city of Rochester; modifying the allowed uses of its
local sales tax revenues; amending Laws 1998, chapter 389, article 8, section
43, subdivision 3, as amended.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Laws 1998, chapter 389, article 8, section 43, subdivision 3, as amended by
Laws 2005, First Special Session chapter 3, article 5, section 28, is amended to read:
Subd. 3.
Use of revenues.
Revenues received from the taxes authorized by
subdivisions 1 and 2 must be used by the city to pay for the cost of collecting and
administering the taxes and to pay for the following projects:
(1) transportation infrastructure improvements including regional highway and
airport improvementsnew text begin , but excluding any transportation improvements related to a railroad
bypass that would affect rail traffic in the city of Rochesternew text end ;
(2) improvements to the civic center complex;
(3) a municipal water, sewer, and storm sewer project necessary to improve regional
ground water quality; and
(4) construction of a regional recreation and sports center and other higher education
facilities available for both community and student use.
The total amount of capital expenditures or bonds for these projects that may be paid from
the revenues raised from the taxes authorized in this section may not exceed $111,500,000.
The total amount of capital expenditures or bonds for the project in clause (4) that may be
paid from the revenues raised from the taxes authorized in this section may not exceed
$28,000,000.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment.
new text end