Minnesota Legislature
HF 566
as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:39am
Current Version - as introduced
1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13 1.14 1.15
1.16 1.17
1.18 1.19 1.20 1.21 1.22 1.23 2.1 2.2
2.3 2.4
2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 2.15
2.16 2.17
A bill for an act
relating to taxation; levy limits; removing the inclusion of wind generation
production tax; amending Minnesota Statutes 2008, sections 275.70, subdivision
6; 275.71, subdivisions 2, 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2008, section 275.70, subdivision 6, is amended to read:
Subd. 6.
Levy aid base.
"Levy aid base" for a local governmental unit for a levy
year means its total levy spread on net tax capacity, minus any amounts that would
qualify as a special levy under this section, plus the sum of (1) the total amount of aids
and reimbursements that the local governmental unit is certified to receive under sections
477A.011 to 477A.014 in the same year, new text begin and new text end (2) taconite aids under sections 298.28
and 298.282 in the same year, including any aid which was required to be placed in a
special fund for expenditure in the next succeeding yeardeleted text begin , and (3) payments to the local
governmental unit under section 272.029 in the same year, adjusted for any error in
estimation in the preceding yeardeleted text end .
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for taxes levied in calendar year
2009 and thereafter.
new text end
Sec. 2.
Minnesota Statutes 2008, section 275.71, subdivision 2, is amended to read:
Subd. 2.
Levy limit base.
(a) The levy limit base for a local governmental unit for
taxes levied in 2008 is its levy aid base from the previous year, subject to any adjustments
under section 275.72. For taxes levied in 2009 deleted text begin anddeleted text end new text begin , the levy limit base for a local
governmental unit is its adjusted levy limit base in the previous year, minus the payments
to the local governmental unit under section 272.029 in the same year. For taxes levied in
new text end 2010, the levy limit base for a local governmental unit is its adjusted levy limit base in the
previous year, subject to any adjustments under section 275.72.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for taxes levied in calendar year
2009 and thereafter.
new text end
Sec. 3.
Minnesota Statutes 2008, section 275.71, subdivision 5, is amended to read:
Subd. 5.
Property tax levy limit.
For taxes levied in deleted text begin 2008 throughdeleted text end new text begin 2009 andnew text end 2010,
the property tax levy limit for a local governmental unit is equal to its adjusted levy limit
base determined under subdivision 4 plus any additional levy authorized under section
275.73, which is levied against net tax capacity, reduced by the sum of (i) the total amount
of aids and reimbursements that the local governmental unit is certified to receive under
sections 477A.011 to 477A.014, new text begin and new text end (ii) taconite aids under sections 298.28 and 298.282
including any aid which was required to be placed in a special fund for expenditure in
the next succeeding yeardeleted text begin , (iii) estimated payments to the local governmental unit under
section 272.029, adjusted for any error in estimation in the preceding year, and (iv) aids
under section 477A.16deleted text end .
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for taxes levied in calendar year
2009 and thereafter.
new text end