HF 549

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/13/2025 02:44 p.m.

A bill for an act
relating to taxation; local government aids; dedicating a portion of local government
aid to cities for housing; amending Minnesota Statutes 2024, sections 477A.011,
by adding a subdivision; 477A.013, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2024, section 477A.011, is amended by adding a subdivision
to read:

new text begin Subd. 48. new text end

new text begin Housing need percentage. new text end

new text begin "Housing need percentage" is equal to the
percentage of a city's city revenue need under subdivision 34 that is due to the following
two factors:
new text end

new text begin (1) its pre-1940 housing percentage under subdivision 30; and
new text end

new text begin (2) its percentage of housing built between 1940 and 1970, the sum of which is equal
to 100 times the most recent count by the United States Bureau of the Census of all housing
units in the city built after 1939 but before 1970, divided by the total number of all housing
units in the city. Housing units includes both occupied and vacant housing units as defined
by the federal census.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for aids payable in calendar year 2026
and thereafter.
new text end

Sec. 2.

Minnesota Statutes 2024, section 477A.013, is amended by adding a subdivision
to read:

new text begin Subd. 15. new text end

new text begin Dedicated use of city aid. new text end

new text begin A city receiving aid under subdivision 9 in any
year must dedicate an amount of aid equal to the city's housing need percentage under
section 477A.011, subdivision 48, multiplied by its city formula aid amount to fund housing
development, redevelopment, and rehabilitation programs. If the amount calculated under
this subdivision is less than $100, the minimum dedication amount of aid for these programs
is zero. The amount of aid going to housing programs under this subdivision is in addition
to any other money from grants, fees, or other sources that are dedicated to housing programs.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for aids payable in calendar year 2026
and thereafter.
new text end