2001 Minnesota Statutes

     275.025 State general tax. 

    Subdivision 1.    Levy amount.  The state general levy 
 is levied against commercial-industrial property and seasonal 
 recreational property, as defined in this section.  The state 
 general levy is $592,000,000 for taxes payable in 2002.  For 
 taxes payable in subsequent years, the levy is increased each 
 year by multiplying the amount for the prior year by the sum of 
 one plus the rate of increase, if any, in the implicit price 
 deflator for government consumption expenditures and gross 
 investment for state and local governments prepared by the 
 Bureau of Economic Analysts of the United States Department of 
 Commerce for the 12-month period ending March 31 of the year 
 prior to the year the taxes are payable.  The tax under this 
 section is not treated as a local tax rate under section 469.177 
 and is not the levy of a governmental unit under chapters 276A 
 and 473F.  Beginning in fiscal year 2004, and in each year 
 thereafter, the commissioner of finance shall deposit in an 
 education reserve account, which account is hereby established, 
 the increased amount of the state general levy received for 
 deposit in the general fund for that year over the amount of the 
 state general levy received for deposit in the general fund in 
 fiscal year 2003.  The amounts in the education reserve account 
 do not lapse or cancel each year, but remain until appropriated 
 by law for education aid or higher education funding. 

    Subd. 2.    Commercial-industrial tax capacity.  For the 
 purposes of this section, "commercial-industrial tax capacity" 
 means the tax capacity of all taxable property classified as 
 class 3 or class 5(1) under section 273.13, except for electric 
 generation attached machinery under class 3 and property 
 described in section 473.625.  County commercial-industrial tax 
 capacity amounts are not adjusted for the captured net tax 
 capacity of a tax increment financing district under section 
 469.177, subdivision 2, the net tax capacity of transmission 
 lines deducted from a local government's total net tax capacity 
 under section 273.425, or fiscal disparities contribution and 
 distribution net tax capacities under chapter 276A or 473F. 

    Subd. 3.    Seasonal recreational tax capacity.  For the 
 purposes of this section, "seasonal recreational tax capacity" 
 means the tax capacity of all class 4c(1) property under section 
 273.13, subdivision 25, except that the first $76,000 of market 
 value of each noncommercial class 4c(1) property has a tax 
 capacity for this purpose equal to 40 percent of its tax 
 capacity under section 273.13. 

    Subd. 4.    Apportionment and levy of state general tax. 
  The state general tax must be distributed among the counties 
 by applying a uniform rate to each county's 
 commercial-industrial tax capacity and its seasonal recreational 
 tax capacity.  Within each county, the tax must be levied by 
 applying a uniform rate against commercial-industrial tax 
 capacity and seasonal recreational tax capacity.  By November 1 
 each year, the commissioner of revenue shall certify the state 
 general levy rate to each county auditor. 

    HIST: 1Sp2001 c 5 art 3 s 46