HF 85

as introduced - 89th Legislature (2015 - 2016) Posted on 01/12/2015 02:33pm

A bill for an act
relating to local government aid; dedicating a portion of aid to cities for housing;
amending Minnesota Statutes 2014, 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 2014, section 477A.011, is amended by adding a
subdivision to read:

new text begin Subd. 46. 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, as determined under
subdivision 30a.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for aids payable in calendar year
2016 and thereafter.
new text end

Sec. 2.

Minnesota Statutes 2014, section 477A.013, is amended by adding a
subdivision to read:

new text begin Subd. 14. 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
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
2016 and thereafter.
new text end