HF 2705

as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to sales and use taxes; authorizing the city 
  1.3             of Albert Lea to impose a sales tax. 
  1.4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.5      Section 1.  [CITY OF ALBERT LEA; SALES AND USE TAX.] 
  1.6      Subdivision 1.  [SALES AND USE TAX 
  1.7   AUTHORIZED.] Notwithstanding Minnesota Statutes, section 
  1.8   477A.016, or any other provision of law, ordinance, or city 
  1.9   charter, the city of Albert Lea may, by ordinance, impose a 
  1.10  sales and use tax of one-half of one percent for the purposes 
  1.11  specified in subdivision 2.  The provisions of Minnesota 
  1.12  Statutes, section 297A.99 govern the imposition, administration, 
  1.13  collection, and enforcement of the tax authorized under this 
  1.14  subdivision. 
  1.15     Subd. 2.  [USE OF REVENUES.] The proceeds of the tax 
  1.16  imposed under this section shall be used to pay for lake 
  1.17  improvement projects as detailed in the Shell Rock River 
  1.18  watershed plan. 
  1.19     Subd. 3.  [REFERENDUM.] If the Albert Lea City Council 
  1.20  proposes to impose the tax authorized by this section, the 
  1.21  question of imposing the tax must be submitted to the voters at 
  1.22  the next general election. 
  1.23     Subd. 4.  [TERMINATION OF TAXES.] The taxes imposed under 
  1.24  this section expire at the earlier of (1) ten years after the 
  2.1   taxes are first imposed, or (2) when the city council first 
  2.2   determines that the amount of revenues raised to pay for the 
  2.3   projects under subdivision 2, shall meet or exceed the sum of 
  2.4   $15,000,000.  Any funds remaining after completion of the 
  2.5   projects may be placed in the general fund of the city. 
  2.6      [EFFECTIVE DATE.] This section is effective the day after 
  2.7   compliance with the governing body of the city of Albert Lea 
  2.8   with Minnesota Statutes, section 645.021, subdivision 3.