as introduced - 90th Legislature (2017 - 2018) Posted on 02/01/2017 11:14am
A bill for an act
relating to local government; providing base year formula aid to a newly
incorporated city.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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For a city that incorporated on October 13, 2015, and first qualifies for aid under
Minnesota Statutes, section 477A.013, subdivisions 8 and 9, in 2017, the city's formula aid
for 2016, used in calculating aid payable in 2017, shall be deemed to equal $115 multiplied
by its population.
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This section is effective for aids payable in 2017. The 2017 aid
payment under section 477A.013, subdivision 9, for a city that qualifies under this section
shall be recalculated based on this section. The increase shall be treated as an aid correction
under Minnesota Statutes, section 477A.014, subdivision 3.
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