HF 3982

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; property; providing a levy limit 
  1.3             adjustment appeals procedure for certain cases; 
  1.4             amending Minnesota Statutes 1998, section 275.71, by 
  1.5             adding a subdivision. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 275.71, is 
  1.8   amended by adding a subdivision to read: 
  1.9      Subd. 4a.  [APPEALS.] A governmental subdivision subject to 
  1.10  the limitations in this section may appeal to the commissioner 
  1.11  of revenue for an adjustment in its adjusted levy limit base for 
  1.12  the tax levied in 2000 under this section.  If the governmental 
  1.13  subdivision can provide evidence satisfactory to the 
  1.14  commissioner that its levy for taxes payable in 2000 had been 
  1.15  reduced because it had made expenditures from reserve funds, the 
  1.16  commissioner may permit the governmental subdivision to increase 
  1.17  its levy limit base under this section by the amount determined 
  1.18  by the commissioner.  The commissioner's decision is final. 
  1.19     Sec. 2.  [EFFECTIVE DATE.] 
  1.20     Section 1 is effective for taxes levied in 2000, payable in 
  1.21  2001, if levy limit provisions in Minnesota Statutes, sections 
  1.22  275.70 to 275.74, are extended to taxes levied in 2000.