HF 537

as introduced - 88th Legislature (2013 - 2014) Posted on 02/13/2013 02:09pm

A bill for an act
relating to property taxation; freezing local tax rates used in metropolitan area
fiscal disparities calculations for two years; amending Minnesota Statutes 2012,
section 473F.08, subdivision 3.

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

Section 1.

Minnesota Statutes 2012, section 473F.08, subdivision 3, is amended to read:

Subd. 3.

Apportionment of levy.

The county auditor shall apportion the levy
of each governmental unit in the auditor's county in the manner prescribed by this
subdivision. The auditor shall:

(a) by August 20, determine the areawide portion of the levy for each governmental
unit by multiplying the local tax rate of the governmental unit for the preceding levy year
times the distribution value set forth in subdivision 2, clause (b);

(b) by September 5, determine the local portion of the current year's levy by
subtracting the resulting amount from clause (a) from the governmental unit's current
year's levy;

(c) for determinations made under clause (a) deleted text begin in the case of school districts, for taxes
payable in 2002, exclude the general education tax rate and the portion of the referendum
tax rate attributable to the first $415 per pupil unit from the local tax rate for the preceding
levy year; deleted text end new text begin for taxes payable in 2014 and 2015 only, the local tax rate for a governmental
unit used in the calculation is the lesser of its tax rate for taxes payable in 2012 or 2013.
new text end

deleted text begin (d) for determinations made under clause (a) in the case of the Metropolitan Council,
for taxes payable in 2002, exclude the transit operating tax rate from the local tax rate
for the preceding levy year; and
deleted text end

deleted text begin (e) for determinations made under clause (a) in the case of transit opt-out cities,
for taxes payable in 2002, exclude the opt-out transit rate from the local tax rate for the
preceding levy year.
deleted text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective beginning with taxes payable in 2014.
new text end