SF 2028

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

A bill for an act
relating to taxation; modifying the levy authority of the Cook County Hospital
District; amending Laws 1989, chapter 211, section 8, subdivision 4, as amended.

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

Section 1.

Laws 1989, chapter 211, section 8, subdivision 4, as amended by Laws 2002,
chapter 390, section 24, and Laws 2003, chapter 127, article 2, section 22, subdivision 4,
is amended to read:

Subd. 4.

Tax levy.

The tax levied under Minnesota Statutes, section 447.34, shall
not exceed deleted text begin $300,000 for taxes levied in 2002. For taxes levied in 2003 and subsequent
years, the tax must not exceed the lesser of:
deleted text end

deleted text begin (1) the product of the hospital district's property tax levy limitation for the previous
year determined under this subdivision, multiplied by 103 percent; or
deleted text end

deleted text begin (2) the product of the hospital district's property tax levy limitation for the previous
year determined under this subdivision multiplied by the ratio of the most recent available
annual medical care expenditure category of the revised Consumer Price Index, U.S.
citywide average, for all urban consumers prepared by the United States Department of
Labor to the same annual index for the previous year deleted text end new text begin the amount authorized to be levied
under that section new text end .

The proceeds of the tax may be used for all purposes of the hospital district.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon compliance with Minnesota
Statutes, section 645.021, subdivision 3, by the governing body of the Cook County
Hospital District.
new text end