Bill Text: MN SF1618 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Wind generation production tax for local levy aid base determination removal
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Introduced - Dead) 2012-01-30 - Referred to Taxes [SF1618 Detail]
Download: Minnesota-2011-SF1618-Introduced.html
1.2relating to taxation; levy limits; removing the inclusion of wind generation
1.3production tax;amending Minnesota Statutes 2010, sections 275.70, subdivision
1.46; 275.71, subdivision 5.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 275.70, subdivision 6, is amended to read:
1.7 Subd. 6. Levy aid base. "Levy aid base" for a local governmental unit for a levy
1.8year means its total levy spread on net tax capacity, minus any amounts that would
1.9qualify as a special levy under this section, plus the sum of (1) the total amount of aids
1.10and reimbursements that the local governmental unit is certified to receive under sections
1.11477A.011
to
477A.014 in the same year, and (2) taconite aids under sections
298.28
1.12and
298.282 in the same year, including any aid which was required to be placed in a
1.13special fund for expenditure in the next succeeding year, and (3) payments to the local
1.14governmental unit under section
272.029 in the same year, adjusted for any error in
1.15estimation in the preceding year.
1.16EFFECTIVE DATE.This section is effective for taxes levied in calendar year 2012
1.17and thereafter, but only if levy limits under sections 275.70 to 275.74 are in effect for
1.18that calendar year.
1.19 Sec. 2. Minnesota Statutes 2010, section 275.71, subdivision 5, is amended to read:
1.20 Subd. 5. Property tax levy limit. (a)For taxes levied in 2008 through 2010, The
1.21property tax levy limit for a local governmental unit is equal to its adjusted levy limit base
1.22determined under subdivision 4 plus any additional levy authorized under section275.73 ,
1.23which is levied against net tax capacity, reduced by the sum of (i) the total amount of aids
2.1and reimbursements that the local governmental unit is certified to receive under sections
2.2477A.011
to
477A.014 , (ii) taconite aids under sections
298.28 and
298.282 including
2.3any aid which was required to be placed in a special fund for expenditure in the next
2.4succeeding year,(iii) estimated payments to the local governmental unit under section
2.5272.029, adjusted for any error in estimation in the preceding year, and (iv) (iii) aids
2.6under section477A.16 .
2.7(b) If an aid, payment, or other amount used in paragraph (a) to reduce a local
2.8government unit's levy limit is reduced by an unallotment under section16A.152 , the
2.9amount of the aid, payment, or other amount prior to the unallotment is used in the
2.10computations in paragraph (a). In order for a local government unit to levy outside of its
2.11limit to offset the reduction in revenues attributable to an unallotment, it must do so under,
2.12and to the extent authorized by, a special levy authorization.
2.13EFFECTIVE DATE.This section is effective for taxes levied in calendar year 2012
2.14and thereafter, but only if levy limits under sections 275.70 to 275.74 are in effect for
2.15that calendar year.
1.3production tax;amending Minnesota Statutes 2010, sections 275.70, subdivision
1.46; 275.71, subdivision 5.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 275.70, subdivision 6, is amended to read:
1.7 Subd. 6. Levy aid base. "Levy aid base" for a local governmental unit for a levy
1.8year means its total levy spread on net tax capacity, minus any amounts that would
1.9qualify as a special levy under this section, plus the sum of (1) the total amount of aids
1.10and reimbursements that the local governmental unit is certified to receive under sections
1.13special fund for expenditure in the next succeeding year
1.14
1.15
1.16EFFECTIVE DATE.This section is effective for taxes levied in calendar year 2012
1.17and thereafter, but only if levy limits under sections 275.70 to 275.74 are in effect for
1.18that calendar year.
1.19 Sec. 2. Minnesota Statutes 2010, section 275.71, subdivision 5, is amended to read:
1.20 Subd. 5. Property tax levy limit. (a)
1.21property tax levy limit for a local governmental unit is equal to its adjusted levy limit base
1.22determined under subdivision 4 plus any additional levy authorized under section
1.23which is levied against net tax capacity, reduced by the sum of (i) the total amount of aids
2.1and reimbursements that the local governmental unit is certified to receive under sections
2.3any aid which was required to be placed in a special fund for expenditure in the next
2.4succeeding year,
2.5
2.6under section
2.7(b) If an aid, payment, or other amount used in paragraph (a) to reduce a local
2.8government unit's levy limit is reduced by an unallotment under section
2.9amount of the aid, payment, or other amount prior to the unallotment is used in the
2.10computations in paragraph (a). In order for a local government unit to levy outside of its
2.11limit to offset the reduction in revenues attributable to an unallotment, it must do so under,
2.12and to the extent authorized by, a special levy authorization.
2.13EFFECTIVE DATE.This section is effective for taxes levied in calendar year 2012
2.14and thereafter, but only if levy limits under sections 275.70 to 275.74 are in effect for
2.15that calendar year.
