SF 712

as introduced - 89th Legislature (2015 - 2016) Posted on 02/13/2015 08:45am

A bill for an act
relating to taxation; local government aid; providing local government aid
penalty forgiveness; modifying appropriations.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin 2014 AID PENALTY FORGIVENESS.
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new text begin (a) Notwithstanding Minnesota Statutes, section 477A.017, subdivision 3, any city
that did not receive all or part of its calendar year 2014 aid payment for failing to meet
the requirements for filing calendar year 2013 financial reports with the state auditor, as
required under Minnesota Statutes, section 477A.017, subdivision 3, shall receive its aid
payment provided that the state auditor certifies to the commissioner of revenue that it
received audited financial statements from the city for calendar years 2013 and 2014 by
June 1, 2015.
new text end

new text begin (b) The commissioner of revenue shall make payment to each qualifying city no
later than June 30, 2015. Up to $101,570 of the fiscal year 2015 appropriation for local
government aid is available for the payment under this section.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end