Bill Text: MN SF686 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Medford sales and use tax imposition authority
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-03-09 - Referred to Taxes [SF686 Detail]
Download: Minnesota-2011-SF686-Introduced.html
1.2relating to taxation; authorizing the city of Medford to impose a local sales and
1.3use tax.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MEDFORD; SALES AND USE TAX.
1.6 Subdivision 1. Sales and use tax authorized. Notwithstanding Minnesota Statutes,
1.7section 477A.016, or any other provision of law, ordinance, or city charter, if approved by
1.8the voters pursuant to Minnesota Statutes, section 297A.99, at the next general election,
1.9the city of Medford may impose by ordinance a sales and use tax of one-half of one
1.10percent for the purposes specified in subdivision 2. Except as otherwise provided in this
1.11section, the provisions of Minnesota Statutes, section 297A.99, govern the imposition,
1.12administration, collection, and enforcement of the tax authorized under this subdivision.
1.13 Subd. 2. Use of revenues. The proceeds of the tax imposed under this section must
1.14be used by the city of Medford to pay the costs of collecting and administering the tax
1.15and to repay loans received from the Minnesota Public Facilities Authority since 2007
1.16that were used to finance $4,200,000 of improvements to the city's water and wastewater
1.17systems.
1.18 Subd. 3. Termination of taxes. The tax imposed under this section expires at the
1.19earlier of (1) 20 years after the date the taxes are first imposed, or (2) when the Medford
1.20City Council determines that the amount of revenues received from the tax equals or
1.21exceeds the sum of loans made to the city by the Minnesota Public Facilities Authority
1.22as described in subdivision 2, including interest on the loans. Any funds remaining
1.23after completion of the repayment of the loans may be placed in the general fund of the
2.1city. The tax imposed under subdivision 1 may expire at an earlier time if the city so
2.2determines by ordinance.
2.3EFFECTIVE DATE.This section is effective the day after compliance by the
2.4governing body of the city of Medford with Minnesota Statutes, section 645.021,
2.5subdivision 3.
1.3use tax.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MEDFORD; SALES AND USE TAX.
1.6 Subdivision 1. Sales and use tax authorized. Notwithstanding Minnesota Statutes,
1.7section 477A.016, or any other provision of law, ordinance, or city charter, if approved by
1.8the voters pursuant to Minnesota Statutes, section 297A.99, at the next general election,
1.9the city of Medford may impose by ordinance a sales and use tax of one-half of one
1.10percent for the purposes specified in subdivision 2. Except as otherwise provided in this
1.11section, the provisions of Minnesota Statutes, section 297A.99, govern the imposition,
1.12administration, collection, and enforcement of the tax authorized under this subdivision.
1.13 Subd. 2. Use of revenues. The proceeds of the tax imposed under this section must
1.14be used by the city of Medford to pay the costs of collecting and administering the tax
1.15and to repay loans received from the Minnesota Public Facilities Authority since 2007
1.16that were used to finance $4,200,000 of improvements to the city's water and wastewater
1.17systems.
1.18 Subd. 3. Termination of taxes. The tax imposed under this section expires at the
1.19earlier of (1) 20 years after the date the taxes are first imposed, or (2) when the Medford
1.20City Council determines that the amount of revenues received from the tax equals or
1.21exceeds the sum of loans made to the city by the Minnesota Public Facilities Authority
1.22as described in subdivision 2, including interest on the loans. Any funds remaining
1.23after completion of the repayment of the loans may be placed in the general fund of the
2.1city. The tax imposed under subdivision 1 may expire at an earlier time if the city so
2.2determines by ordinance.
2.3EFFECTIVE DATE.This section is effective the day after compliance by the
2.4governing body of the city of Medford with Minnesota Statutes, section 645.021,
2.5subdivision 3.
