SF 775

as introduced - 90th Legislature (2017 - 2018) Posted on 02/10/2017 09:10am

A bill for an act
relating to taxation; sales and use; authorizing the city of Windom to impose sales
and use and excise taxes.

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

Section 1. new text begin CITY OF WINDOM; TAXES AUTHORIZED.
new text end

new text begin Subdivision 1. new text end

new text begin Sales and use tax authorized. new text end

new text begin Notwithstanding Minnesota Statutes,
section 477A.016, or any other provision of law, ordinance, or city charter, if approved by
the voters at an election held on or before November 6, 2018, the city of Windom may
impose by ordinance a sales and use tax of up to one percent for the purposes specified in
subdivision 3. Except as provided in this section, the provisions of Minnesota Statutes,
section 297A.99, govern the imposition, administration, collection, and enforcement of the
tax authorized under this subdivision.
new text end

new text begin Subd. 2. new text end

new text begin Excise tax authorized. new text end

new text begin Notwithstanding Minnesota Statutes, section 477A.016,
or any other provision of law, ordinance, or city charter, if approved by the voters pursuant
to the referendum under subdivision 1, the city of Windom may collect, administer, and
enforce for the purposes specified in subdivision 3, an excise tax of up to $20 per motor
vehicle, as defined by ordinance, purchased or acquired from any person engaged within
the city in the business of selling motor vehicles at retail.
new text end

new text begin Subd. 3. new text end

new text begin Use of revenues. new text end

new text begin The proceeds of the tax imposed under this section must be
used to pay for the costs of public facilities.
new text end

new text begin Subd. 4. new text end

new text begin Bonding authority. new text end

new text begin The city of Windom, pursuant to the approval of the voters
at the referendum authorizing the imposition of taxes in this section, may issue bonds under
Minnesota Statutes, chapter 475, to pay capital and administrative expenses for the project
described in subdivision 3. A separate election to approve the bonds under Minnesota
Statutes, section 475.58, is not required.
new text end

new text begin Subd. 5. new text end

new text begin Termination of tax. new text end

new text begin (a) The taxes authorized under subdivisions 1 and 2
terminate at the earlier of:
new text end

new text begin (1) 15 years after the date of initial imposition of the tax; or
new text end

new text begin (2) when $3,500,000 has been collected.
new text end

new text begin (b) new text end new text begin Any funds remaining after completion of the projects specified in subdivision 3 may
be placed in the general fund of the city. The tax imposed under subdivisions 1 and 2 may
expire at an earlier time if the city so determines by ordinance.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after compliance by the governing
body of the city of Windom with Minnesota Statutes, section 645.021, subdivisions 2 and
3.
new text end