SF 1892

as introduced - 90th Legislature (2017 - 2018) Posted on 03/14/2017 10:17am

A bill for an act
relating to mass transit; modifying the amount of financial assistance provided to
replacement transit service providers; amending Minnesota Statutes 2016, section
473.388, subdivision 4.

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

Section 1.

Minnesota Statutes 2016, section 473.388, subdivision 4, is amended to read:

Subd. 4.

Financial assistance.

(a) The council must grant the requested financial
assistance if it determines that the proposed service is intended to replace the service to the
applying city or town or combination thereof by the council and that the proposed service
will meet the needs of the applicant at least as efficiently and effectively as the existing
service.

(b) The amount of assistance which the council must provide to a system under this
section may not be less than the sum of the amounts determined for each municipality
comprising the system as follows:

(1) the transit operating assistance grants received under this subdivision by the
municipality in calendar year 2001 or the tax revenues for transit services levied by the
municipality for taxes payable in 2001, including that portion of the levy derived from the
areawide pool under section 473F.08, subdivision 3, clause (a), plus the portion of the
municipality's aid under Minnesota Statutes 2002, section 273.1398, subdivision 2,
attributable to the transit levy; times

(2) the ratio of (i) an amount equal to deleted text begin 3.74 deleted text end new text begin ..... new text end percent of the state revenues generated
from the taxes imposed under chapter 297B for the current fiscal year to (ii) the total transit
operating assistance grants received under this subdivision in calendar year 2001 or the tax
revenues for transit services levied by all replacement service municipalities under this
section for taxes payable in 2001, including that portion of the levy derived from the areawide
pool under section 473F.08, subdivision 3, clause (a), plus the portion of homestead and
agricultural credit aid under Minnesota Statutes 2002, section 273.1398, subdivision 2,
attributable to nondebt transit levies; times

(3) the ratio of (i) the municipality's total taxable market value for taxes payable in 2006
divided by the municipality's total taxable market value for taxes payable in 2001, to (ii)
the total taxable market value of all property located in replacement service municipalities
for taxes payable in 2006 divided by the total taxable market value of all property located
in replacement service municipalities for taxes payable in 2001.

(c) The council shall pay the amount to be provided to the recipient from the funds the
council receives in the metropolitan area transit account under section 16A.88.