SF 4408

Introduction - 94th Legislature (2025 - 2026)

Posted on 03/13/2026 09:25 a.m.

A bill for an act
relating to taxation; local government aids; establishing Capitol complex county
host program aid; appropriating money; proposing coding for new law in Minnesota
Statutes, chapter 477A.

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

Section 1.

new text begin [477A.41] CAPITOL COMPLEX COUNTY HOST PROGRAM.
new text end

new text begin Beginning with aids payable in 2027, the commissioner of revenue shall pay to Ramsey
County $5 per square foot of state-owned buildings located in the Capitol Area described
in section 15B.02, paragraph (b). The purpose of the aid is to compensate Ramsey County
for the loss of tax base and disproportionate impact of state ownership of buildings located
in the Capitol Area. Aid payments under this section must be used to reduce current year
property taxes levied on net tax capacity within the county. An amount sufficient to pay the
aid under this section is annually appropriated from the general fund to the commissioner
of revenue. The commissioner shall pay the aid annually at the times provided in section
477A.015.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for aids payable in calendar year 2027
and thereafter.
new text end