1.1 	A bill for an act
1.2 	relating to taxation; modifying levy authority of watershed districts;amending 
1.3 	Minnesota Statutes 2016, section 103D.905, subdivision 9.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2016, section 103D.905, subdivision 9, is amended to read:
1.6 		Subd. 9.Project tax levy. In addition to other tax levies provided in this section or in 
1.7 	any other law, a watershed district may levy a tax:
1.8 	(1) to pay the costs of projects undertaken by the watershed district ~~which~~ that are ~~to be~~
1.9 	funded, in whole or in part, with ~~the proceeds of~~money appropriated by law for grants or 
1.10 	~~construction or implementation~~ loans ~~under sections 103F.701 to 103F.755~~ to the district;
1.11 	(2) to pay the principal of, or premium or administrative surcharge, if any, and interest 
1.12 	on, the bonds and notes issued by the watershed district pursuant to section 103F.725; or
1.13 	(3) to repay the construction or implementation loans under sections 103F.701 to 
1.14 	103F.755.
1.15 	Taxes levied with respect to payment of bonds and notes shall comply with section 
1.16 	475.61.