HF 2253

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; levy limits; adjusting the levy 
  1.3             limit base for the city of Grant. 
  1.4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.5      Section 1.  [CITY OF GRANT; LEVY LIMITS.] 
  1.6      The levy limit base for the city of Grant for taxes levied 
  1.7   in 1999 under Minnesota Statutes, section 275.71, subdivision 2, 
  1.8   is increased by an amount equal to the difference between (1) 
  1.9   the amount the city would have raised if it had imposed a tax 
  1.10  rate equal to one-third of the statewide average city tax effort 
  1.11  rate for taxes payable in 1999, as defined in Minnesota 
  1.12  Statutes, section 477A.011, subdivision 35, on its net tax 
  1.13  capacity for taxes payable in 1999, as defined in Minnesota 
  1.14  Statutes, section 477A.011, subdivision 20; and (2) the amount 
  1.15  it levied for taxes payable in 1999. 
  1.16     Sec. 2.  [EFFECTIVE DATE.] 
  1.17     Section 1 is effective for taxes levied in 1999, payable in 
  1.18  2000, if the levy limits under Minnesota Statutes, sections 
  1.19  275.70 to 275.74, are extended to taxes levied in 1999, payable 
  1.20  in 2000.