HF 303

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; property; extending levy limits 
  1.3             through taxes payable in 2001; amending Minnesota 
  1.4             Statutes 1998, section 275.71, subdivisions 2, 3, and 
  1.5             4; Laws 1997, chapter 231, article 3, section 9.  
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 275.71, 
  1.8   subdivision 2, is amended to read: 
  1.9      Subd. 2.  [LEVY LIMIT BASE.] (a) The levy limit base for a 
  1.10  local governmental unit for taxes levied in 1997 shall be equal 
  1.11  to the sum of: 
  1.12     (1) the amount the local governmental unit levied in 1996, 
  1.13  less any amount levied for debt, as reported to the department 
  1.14  of revenue under section 275.62, subdivision 1, clause (1), and 
  1.15  less any tax levied in 1996 against market value as provided for 
  1.16  in section 275.61; 
  1.17     (2) the amount of aids the local governmental unit was 
  1.18  certified to receive in calendar year 1997 under sections 
  1.19  477A.011 to 477A.03 before any reductions for state tax 
  1.20  increment financing aid under section 273.1399, subdivision 5; 
  1.21     (3) the amount of homestead and agricultural credit aid the 
  1.22  local governmental unit was certified to receive under section 
  1.23  273.1398 in calendar year 1997 before any reductions for tax 
  1.24  increment financing aid under section 273.1399, subdivision 5; 
  1.25     (4) the amount of local performance aid the local 
  2.1   governmental unit was certified to receive in calendar year 1997 
  2.2   under section 477A.05; and 
  2.3      (5) the amount of any payments certified to the local 
  2.4   government unit in 1997 under sections 298.28 and 298.282. 
  2.5      If a governmental unit was not required to report under 
  2.6   section 275.62 for taxes levied in 1997, the commissioner shall 
  2.7   request information on levies used for debt from the local 
  2.8   governmental unit and adjust its levy limit base accordingly. 
  2.9      (b) The levy limit base for a local governmental unit for 
  2.10  taxes levied in 1998 is equal to its adjusted levy limit base in 
  2.11  the previous year, subject to any adjustments under section 
  2.12  275.72 and multiplied by the increase that would have occurred 
  2.13  under subdivision 3, clause (3), if that clause had been in 
  2.14  effect for taxes levied in 1997. 
  2.15     (c) The levy limit base for a local governmental unit for 
  2.16  taxes levied in 1999 and 2000 is limited to its adjusted levy 
  2.17  limit base in the previous year, subject to adjustments under 
  2.18  section 275.72. 
  2.19     Sec. 2.  Minnesota Statutes 1998, section 275.71, 
  2.20  subdivision 3, is amended to read: 
  2.21     Subd. 3.  [ADJUSTED LEVY LIMIT BASE.] For taxes levied in 
  2.22  1998, 1999, and 2000, the adjusted levy limit is equal to the 
  2.23  levy limit base computed under subdivision 2 or section 275.72, 
  2.24  multiplied by: 
  2.25     (1) one plus a percentage equal to the percentage growth in 
  2.26  the implicit price deflator; and 
  2.27     (2) for all cities and for counties outside of the 
  2.28  seven-county metropolitan area, one plus a percentage equal to 
  2.29  the percentage increase in number of households, if any, for the 
  2.30  most recent 12-month period for which data is available; and for 
  2.31  counties located in the seven-county metropolitan area, one plus 
  2.32  a percentage equal to the greater of the percentage increase in 
  2.33  the number of households in the county or the percentage 
  2.34  increase in the number of households in the entire seven-county 
  2.35  metropolitan area for the most recent 12-month period for which 
  2.36  data is available; and 
  3.1      (3) one plus a percentage equal to the percentage increase 
  3.2   in the taxable market value of the jurisdiction due to new 
  3.3   construction of class 3 and class 5 property, as defined in 
  3.4   section 273.13, subdivisions 24 and 31, for the most recent year 
  3.5   for which data are available. 
  3.6      Sec. 3.  Minnesota Statutes 1998, section 275.71, 
  3.7   subdivision 4, is amended to read: 
  3.8      Subd. 4.  [PROPERTY TAX LEVY LIMIT.] For taxes levied in 
  3.9   1998, 1999, and 2000, the property tax levy limit for a local 
  3.10  governmental unit is equal to its adjusted levy limit base 
  3.11  determined under subdivision 3 plus any additional levy 
  3.12  authorized under section 275.73, which is levied against net tax 
  3.13  capacity, reduced by the sum of (1) the total amount of aids 
  3.14  that the local governmental unit is certified to receive under 
  3.15  sections 477A.011 to 477A.014, (2) homestead and agricultural 
  3.16  aids it is certified to receive under section 273.1398, (3) 
  3.17  local performance aid it is certified to receive under section 
  3.18  477A.05, (4) taconite aids under sections 298.28 and 298.282 
  3.19  including any aid which was required to be placed in a special 
  3.20  fund for expenditure in the next succeeding year, (5) flood loss 
  3.21  aid under section 273.1383, and (6) low-income housing aid under 
  3.22  sections 477A.06 and 477A.065. 
  3.23     Sec. 4.  Laws 1997, chapter 231, article 3, section 9, is 
  3.24  amended to read: 
  3.25     Sec. 9.  [EFFECTIVE DATE.] 
  3.26     Sections 1 and 3 to 7, as amended by Laws 1998, chapter 
  3.27  389, article 4, sections 1 to 6, are effective for taxes levied 
  3.28  in 1997 and 1998 through 2000, payable in 1998 and 1999 through 
  3.29  2001. 
  3.30     Upon compliance with Minnesota Statutes, section 645.021, 
  3.31  subdivision 3, by the governing body of Faribault county or the 
  3.32  city of Blue Earth, section 8 is effective for taxes levied in 
  3.33  1997 and 1998 through 2000 in the county or city that approves 
  3.34  it. 
  3.35     Sec. 5.  [EFFECTIVE DATE.] 
  3.36     Sections 1 to 4 are effective for taxes levied in 1999 and 
  4.1   2000, and payable in 2000 and 2001.