HF 2304

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 02:01am

A bill for an act
relating to taxation; property tax levy for the seaway port authority of Duluth;
amending Minnesota Statutes 2008, section 469.053, by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2008, section 469.053, is amended by adding a
subdivision to read:

new text begin Subd. 4a. new text end

new text begin Seaway port authority levy. new text end

new text begin A levy made under this subdivision shall
replace the mandatory city levy under subdivision 4. A seaway port authority is a special
taxing district under section 275.066 and may levy a tax in any year for the benefit of the
seaway port authority. The tax must not exceed 0.01813 percent of taxable market value.
The county auditor shall distribute the proceeds of the property tax levy to the seaway
port authority.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for property taxes levied in 2009 and
thereafter, payable in 2010 and thereafter.
new text end