2005 Minnesota Statutes

     275.61 Voter approved levy; market value. 

    Subdivision 1.    Market value.  For local governmental 
 subdivisions other than school districts, any levy, including 
 the issuance of debt obligations payable in whole or in part 
 from property taxes, required to be approved and approved by the 
 voters at a general or special election for taxes payable in 
 1993 and thereafter, shall be levied against the referendum 
 market value of all taxable property within the governmental 
 subdivision, as defined in section 126C.01, subdivision 3.  Any 
 levy amount subject to the requirements of this section shall be 
 certified separately to the county auditor under section 275.07. 

    The ballot shall state the maximum amount of the increased 
 levy as a percentage of market value and the amount that will be 
 raised by the new referendum tax rate in the first year it is to 
 be levied. 

    Subd. 2.  MS 2002 Expired 

    Subd. 2. Repealed, 2005 c 151 art 5 s 46 

    HIST: 1991 c 291 art 1 s 29; 1992 c 511 art 2 s 22; 1996 c 471 
 art 3 s 21; 1998 c 397 art 11 s 3; 1Sp2001 c 5 art 3 s 53