SF 601

as introduced - 93rd Legislature (2023 - 2024) Posted on 01/24/2023 08:48am

A bill for an act
relating to taxation; property; providing authority for a municipality to withdraw
from the Iron Range fiscal disparities program; proposing coding for new law in
Minnesota Statutes, chapter 276A.

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

Section 1.

new text begin [276A.10] WITHDRAWAL OF MUNICIPALITY.
new text end

new text begin (a) By resolution of its governing body, a municipality may vote to be excluded from
the area and withdraw from the program. A municipality that exercises this option must
first: (1) notify the commissioner of revenue and the administrative auditor of its intent to
withdraw from the program; and (2) publish notice of its proposal to withdraw from the
program and the date and time of the hearing at which the proposal shall be discussed in an
official newspaper designated by the municipality which has general circulation in the area
affected by the proposal. The official notice must be published in the newspaper at least
two times during the period between 30 and seven days prior to the hearing.
new text end

new text begin (b) A municipality that has voted to withdraw from the program must notify and forward
a copy of the resolution to the commissioner of revenue and the administrative auditor
within seven days of the passage of the resolution.
new text end

new text begin (c) If passage of the resolution and notice to the commissioner of revenue and the
administrative auditor is made on or before May 1, withdrawal from the program for the
municipality shall be effective in the following taxes payable year.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective beginning with taxes payable in 2024.
new text end