as introduced - 86th Legislature (2009 - 2010) Posted on 03/11/2010 09:34am
Engrossments | ||
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Introduction | Posted on 03/11/2010 |
A bill for an act
relating to property taxation; requiring the commissioner of revenue to conduct a
study of the metropolitan fiscal disparities program; transferring money from the
fiscal disparities levy to pay for the study.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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The commissioner of revenue must conduct a study of the metropolitan revenue
distribution program contained in Minnesota Statutes, chapter 473F, commonly known
as the fiscal disparities program. On or before February 1, 2012, the commissioner shall
submit a report to the chairs of the house of representatives and senate tax committees
consisting of the findings of the study and any recommendations resulting from the study.
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The study must consider the extent to which the program is meeting the following
goals, and recommend changes that could be made to the program in the furtherance
of meeting those goals:
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(1) reducing the extent to which the property tax encourages development patterns
that do not make cost-effective use of public infrastructure or impose other high public
costs;
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(2) ensuring that the benefits of economic growth of the region are shared throughout
the region, especially for growth that results from state or regional decisions;
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(3) improving the ability of each jurisdiction within the region to deliver services at
a level commensurate with its tax effort;
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(4) compensating jurisdictions containing properties that provide regional benefits
for the costs those properties impose on their host jurisdictions in excess of their tax
payments;
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(5) promoting a fair distribution of property tax burdens across jurisdictions of
the region; and
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(6) reducing the economic losses that result from competition among communities
for commercial-industrial tax base.
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This section is effective January 1, 2011.
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For taxes payable in 2011 only, the Metropolitan Council must certify to the Ramsey
County auditor the amount of $100,000, to be certified by the Ramsey County auditor to
the administrative auditor as an addition to the Metropolitan Council's areawide levy
under Minnesota Statutes, section 473F.08, subdivision 5. Upon receipt of the proceeds
of this levy, the Metropolitan Council must transfer this money to the commissioner of
revenue to be used to pay for the study required under section 1.
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