SF 860

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to sales and use taxes; authorizing the city
of Albert Lea to impose a sales tax.

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

Section 1. new text begin CITY OF ALBERT LEA; SALES AND USE TAX.
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, the city of Albert Lea may, by ordinance, impose a
sales and use tax of one-half of one percent for the purposes
specified in subdivision 2. 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 Use of revenues. new text end

new text begin The proceeds of the tax
imposed under this section shall be used to pay for lake
improvement projects as detailed in the Shell Rock River
watershed plan and as directed by the Shell Rock River Watershed
Board.
new text end

new text begin Subd. 3. new text end

new text begin Referendum. new text end

new text begin If the Albert Lea City Council
proposes to impose the tax authorized by this section, the
question of imposing the tax must be submitted to the voters at
the next general election or a special election called for this
purpose.
new text end

new text begin Subd. 4. new text end

new text begin Termination of taxes. new text end

new text begin The taxes imposed under
this section expire at the earlier of (1) ten years after the
taxes are first imposed, or (2) when the city council first
determines that the amount of revenues raised to pay for the
projects under subdivision 2, shall meet or exceed the sum of
$15,000,000. Any funds remaining after completion of the
projects may be placed in the general fund of the city.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after
compliance with the governing body of the city of Albert Lea
with Minnesota Statutes, section 645.021, subdivision 3.
new text end