as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 02/12/1998 |
1.1 A bill for an act 1.2 relating to taxation; increasing the payment of 1.3 homestead and agricultural aid to certain cities; 1.4 amending Laws 1995, chapter 264, article 8, section 18. 1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.6 Section 1. Laws 1995, chapter 264, article 8, section 18, 1.7 is amended to read: 1.8 Sec. 18. [AID ADJUSTMENT.] 1.9 (a) Homestead and agricultural credit aid under Minnesota 1.10 Statutes, section 273.1398, subdivisions 2 and 8, for any 1.11 statutory city incorporated after January 1, 1975, which is 1.12 located in a county containing a city of the first class which 1.13 is not a metropolitan county under Minnesota Statutes, section 1.14 473.121, subdivision 4, shall be permanently increased by 1.15 $200,000, beginning with aids payable in 1996. 1.16 (b) Homestead and agricultural credit aid under Minnesota 1.17 Statutes, section 273.1398, subdivisions 2 and 8, for any city 1.18 that received an aid increase under paragraph (a) shall be 1.19 permanently increased by an additional $300,000, beginning with 1.20 aids payable in 1999.