SF 2939

as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to the cities of East Grand Forks and 
  1.3             Breckenridge; requiring payment to those cities of the 
  1.4             sales tax revenue collected from sales occurring in 
  1.5             those cities; appropriating money. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  [EAST GRAND FORKS; BRECKENRIDGE; PROCEEDS OF 
  1.8   SALES TAXES.] 
  1.9      As soon as practicable after the close of each calendar 
  1.10  quarter beginning after June 30, 1998, the commissioner of 
  1.11  revenue shall determine the amount of revenue derived from the 
  1.12  tax imposed under Minnesota Statutes, chapter 297A, on sales 
  1.13  that occurred during the quarter in each of the cities of East 
  1.14  Grand Forks and Breckenridge.  Those amounts, less any revenues 
  1.15  described in Minnesota Statutes, section 297A.44, subdivision 1, 
  1.16  paragraph (b) or (c), attributable to sales in those cities, 
  1.17  shall be remitted to the cities.  The money remitted to each 
  1.18  city shall be deposited in the city's flood recovery fund to be 
  1.19  used as determined by the city council to facilitate the city's 
  1.20  recovery from the effects of the 1997 floods. 
  1.21     Sec. 2.  [APPROPRIATION.] 
  1.22     The amount sufficient to make the payments required under 
  1.23  section 1 is annually appropriated from the general fund to the 
  1.24  commissioner of revenue. 
  1.25     Sec. 3.  [EFFECTIVE DATE.] 
  2.1      Sections 1 and 2 are effective for sales occurring after 
  2.2   June 30, 1998, and before July 1, 2003.