as introduced - 91st Legislature (2019 - 2020) Posted on 02/27/2020 03:20pm
A bill for an act
relating to taxes; local government aids; modifying minimum aid payments to
cities; amending Minnesota Statutes 2019 Supplement, section 477A.013,
subdivision 9.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2019 Supplement, section 477A.013, subdivision 9, is
amended to read:
(a) In calendar year 2018 and thereafter, if a city's
certified aid before any aid adjustment under subdivision 13 for the previous year is less
than its current unmet need, the city shall receive an aid distribution equal to the sum of (1)
its certified aid in the previous year before any aid adjustment under subdivision 13, (2) the
city formula aid under subdivision 8, and (3) its aid adjustment under subdivision 13.
(b) For aids payable in deleted text begin 2020 onlydeleted text end new text begin 2021 and thereafternew text end , no city's aid amount before any
adjustment under subdivision 13 may be less than its deleted text begin pay 2019deleted text end certified aid amountnew text begin for the
previous yearnew text end , less any aid adjustment under subdivision 13 for that year. deleted text begin For aids payable
in 2020 and thereafter, if a city's certified aid before any aid adjustment under subdivision
13 for the previous year is equal to or greater than its current unmet need, the total aid for
a city is equal to the greater of (1) its unmet need plus any aid adjustment under subdivision
13, or (2) the amount it was certified to receive in the previous year minus the sum of (i)
any adjustment under subdivision 13 that was paid in the previous year but has expired, and
(ii) the lesser of $10 multiplied by its population, or five percent of its net levy in the year
prior to the aid distribution. No city may have a total aid amount less than $0.
deleted text end
new text begin
This section is effective for aids payable in calendar year 2021
and thereafter.
new text end