HF 2630

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to property taxes; exempting noncommercial 
  1.3             seasonal recreational property from the state property 
  1.4             tax; amending Minnesota Statutes 2001 Supplement, 
  1.5             section 275.025, subdivisions 1, 2, 4; repealing 
  1.6             Minnesota Statutes 2001 Supplement, section 275.025, 
  1.7             subdivision 3. 
  1.8   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.9      Section 1.  Minnesota Statutes 2001 Supplement, section 
  1.10  275.025, subdivision 1, is amended to read: 
  1.11     Subdivision 1.  [LEVY AMOUNT.] The state general levy is 
  1.12  levied against commercial-industrial property and seasonal 
  1.13  recreational property, as defined in this section.  The state 
  1.14  general levy is $592,000,000 for taxes payable in 2002.  For 
  1.15  taxes payable in subsequent years, the levy is increased each 
  1.16  year by multiplying the amount for the prior year by the sum of 
  1.17  one plus the rate of increase, if any, in the implicit price 
  1.18  deflator for government consumption expenditures and gross 
  1.19  investment for state and local governments prepared by the 
  1.20  Bureau of Economic Analysts of the United States Department of 
  1.21  Commerce for the 12-month period ending March 31 of the year 
  1.22  prior to the year the taxes are payable.  The tax under this 
  1.23  section is not treated as a local tax rate under section 469.177 
  1.24  and is not the levy of a governmental unit under chapters 276A 
  1.25  and 473F.  Beginning in fiscal year 2004, and in each year 
  1.26  thereafter, the commissioner of finance shall deposit in an 
  2.1   education reserve account, which account is hereby established, 
  2.2   the increased amount of the state general levy received for 
  2.3   deposit in the general fund for that year over the amount of the 
  2.4   state general levy received for deposit in the general fund in 
  2.5   fiscal year 2003.  The amounts in the education reserve account 
  2.6   do not lapse or cancel each year, but remain until appropriated 
  2.7   by law for education aid or higher education funding. 
  2.8      [EFFECTIVE DATE.] This section is effective for taxes 
  2.9   payable in 2003 and subsequent years. 
  2.10     Sec. 2.  Minnesota Statutes 2001 Supplement, section 
  2.11  275.025, subdivision 2, is amended to read: 
  2.12     Subd. 2.  [COMMERCIAL-INDUSTRIAL TAX CAPACITY.] For the 
  2.13  purposes of this section, "commercial-industrial tax capacity" 
  2.14  means the tax capacity of all taxable property classified as 
  2.15  class 3, commercial class 4c(1), or class 5(1) under section 
  2.16  273.13, except for electric generation attached machinery under 
  2.17  class 3 and property described in section 473.625.  County 
  2.18  commercial-industrial tax capacity amounts are not adjusted for 
  2.19  the captured net tax capacity of a tax increment financing 
  2.20  district under section 469.177, subdivision 2, the net tax 
  2.21  capacity of transmission lines deducted from a local 
  2.22  government's total net tax capacity under section 273.425, or 
  2.23  fiscal disparities contribution and distribution net tax 
  2.24  capacities under chapter 276A or 473F. 
  2.25     [EFFECTIVE DATE.] This section is effective for taxes 
  2.26  payable in 2003 and subsequent years. 
  2.27     Sec. 3.  Minnesota Statutes 2001 Supplement, section 
  2.28  275.025, subdivision 4, is amended to read: 
  2.29     Subd. 4.  [APPORTIONMENT AND LEVY OF STATE GENERAL TAX.] 
  2.30  The state general tax must be distributed among the counties by 
  2.31  applying a uniform rate to each county's commercial-industrial 
  2.32  tax capacity and its seasonal recreational tax capacity.  Within 
  2.33  each county, the tax must be levied by applying a uniform rate 
  2.34  against commercial-industrial tax capacity and seasonal 
  2.35  recreational tax capacity.  By November 1 each year, the 
  2.36  commissioner of revenue shall certify the state general levy 
  3.1   rate to each county auditor. 
  3.2      [EFFECTIVE DATE.] This section is effective for taxes 
  3.3   payable in 2003 and subsequent years. 
  3.4      Sec. 4.  [REPEALER.] 
  3.5      Minnesota Statutes 2001 Supplement, section 275.025, 
  3.6   subdivision 3, is repealed. 
  3.7      [EFFECTIVE DATE.] This section is effective for taxes 
  3.8   payable in 2003 and subsequent years.