as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/12/2005 |
A bill for an act
relating to townships; clarifying levy and spending
authority; defining total revenue; amending Minnesota
Statutes 2004, sections 365.43, subdivision 1; 365.431.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2004, section 365.43,
subdivision 1, is amended to read:
A town must not deleted text begin contract debts or deleted text end spend more
money in a year than deleted text begin the taxes levied for the year deleted text end new text begin its total
revenue new text end without a favorable vote of a majority of the town's
electors. new text begin In this section, "total revenue" means property taxes
payable in that year as well as amounts received from all other
sources and amounts carried forward from the last year.
new text end
Minnesota Statutes 2004, section 365.431, is
amended to read:
new text begin
Except as otherwise authorized by law,new text end the tax for town
purposes must not be more than the amount voted to be raised at
the annual town meeting.