HF 2529

as introduced - 89th Legislature (2015 - 2016) Posted on 03/08/2016 04:12pm

A bill for an act
relating to taxation; property; reimbursing taxing jurisdictions in Mille Lacs
County for lost revenue.

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

Section 1. new text begin MILLE LACS COUNTY; COUNTY, CITY, TOWNSHIP, SCHOOL
DISTRICT REIMBURSEMENT.
new text end

new text begin (a) A taxing jurisdiction located in Mille Lacs County that has lost property tax
revenue due to the placement of property into trust by the United States Department of
the Interior Bureau of Indian Affairs is eligible for reimbursement under this section
in the following manner:
new text end

new text begin (1) by July 1, 2016, the auditor of Mille Lacs County must certify to the commissioner
of revenue the amount of tax revenue lost by each taxing jurisdiction in the county due to
property being placed into trust between January 1, 2009, and December 31, 2015;
new text end

new text begin (2) by July 1 of each year, starting in 2017, the auditor of Mille Lacs County must
certify to the commissioner of revenue the amount of tax revenue lost by each taxing
jurisdiction in the county due to property being placed into trust during the preceding
calendar year. This clause only applies to properties that were the subject of an application
for placement into trust between January 1, 2009, and June 30, 2016; and
new text end

new text begin (3) in the first five years following certification under clause (1) or (2), the
commissioner of education must distribute to the county the full amount certified for
school districts, and the commissioner of revenue must distribute to the county the full
amount certified for taxing jurisdictions other than school districts. The county must
distribute to each taxing jurisdiction the certified amount of tax revenue lost by the
jurisdiction. In the sixth year following certification and in each year thereafter, the
commissioners of education and revenue must distribute to the county, for distribution to
each taxing jurisdiction, an amount equal to the previous year's amount minus 20 percent
of the amount distributed in the first year.
new text end

new text begin (b) Reimbursements required by this section must be paid to taxing jurisdictions
other than school districts at the times provided in Minnesota Statutes, section 477A.015,
for payment of local government aid. Aid to school districts must be certified to the
commissioner of education and paid under Minnesota Statutes, section 273.1392.
new text end

new text begin (c) An amount sufficient to make the payments to taxing jurisdictions other than
school districts is annually appropriated from the general fund to the commissioner
of revenue. An amount sufficient to make the payment to school districts is annually
appropriated to the commissioner of education.
new text end

new text begin (d) For purposes of this section, "taxing jurisdiction" means a political subdivision
including a county, city, town, township, school district, or special taxing district imposing
a levy on real property.
new text end

new text begin (e) For purposes of this section, "tax revenue lost" means the amount that was
payable in the year before the property became exempt.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end