SF 782

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 state-paid 
  1.3             credit for 1999 agricultural property taxes.  
  1.4   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.5      Section 1.  [STATE AGRICULTURAL CREDIT.] 
  1.6      Subdivision 1.  [AGRICULTURAL PROPERTY.] For taxes levied 
  1.7   in 1998, payable in 1999 only, the county auditor shall reduce 
  1.8   the tax for all purposes on all property classified under 
  1.9   Minnesota Statutes, section 273.13, as class 1b agricultural 
  1.10  homestead, class 2a agricultural homestead, class 2b(3) 
  1.11  agricultural nonhomestead, and class 2b(1) and (2) timber by an 
  1.12  amount equal to the first-half net property taxes on the 
  1.13  property, which would otherwise be due on May 15, 1999.  For 
  1.14  purposes of this section, "net property taxes" includes the 
  1.15  taxes on the buildings and structures on the property and 
  1.16  includes the taxes on all dwellings and an acre of land for each 
  1.17  dwelling.  
  1.18     Subd. 2.  [ADMINISTRATION.] The amounts so computed by the 
  1.19  county auditor shall be submitted to the commissioner of revenue 
  1.20  as part of the abstracts of tax lists required to be filed with 
  1.21  the commissioner under the provisions of Minnesota Statutes, 
  1.22  section 275.29.  Any prior year adjustments shall also be 
  1.23  certified in the abstracts of tax lists.  The commissioner of 
  1.24  revenue shall review the certifications to determine their 
  2.1   accuracy and may make changes in the certification as deemed 
  2.2   necessary or return a certification to the county auditor for 
  2.3   corrections.  
  2.4      Subd. 3.  [PAYMENT TO TAXING JURISDICTIONS.] Payment from 
  2.5   the general fund must be made to each taxing jurisdiction to 
  2.6   replace the revenue lost as a result of the credit provided in 
  2.7   this section.  Payment to taxing jurisdictions other than school 
  2.8   districts must be made by the commissioner on or before July 20, 
  2.9   1999.  The amount of tax credit under this section shall be 
  2.10  certified to the department of children, families, and learning 
  2.11  and payment to school districts must be made by the commissioner 
  2.12  of children, families, and learning as provided in Minnesota 
  2.13  Statutes, section 273.1392.  
  2.14     Subd. 4.  [APPROPRIATION.] The amount necessary to make the 
  2.15  payments required under this section is appropriated from the 
  2.16  general fund in the state treasury to the commissioners of 
  2.17  revenue and children, families, and learning for property taxes 
  2.18  payable in 1999. 
  2.19     Sec. 2.  [EFFECTIVE DATE.] 
  2.20     Section 1 is effective the day following final enactment.