HF3241 Summary

• City of Marshall may impose a sales and use tax of up to 0.5 percent, subject to voter approval at a general or special election held within two years of enactment.

• City of Marshall may impose a lodging tax of up to 1.5 percent on gross receipts, and a food and beverages tax of up to 1.5 percent on food and beverage sales for on-premises consumption.

• Tax revenues must be used to pay collection and administrative costs, and to fund capital, operating, and administrative costs of the Minnesota Emergency Response and Industry Training Center and the Southwest Minnesota Regional Amateur Sports Center, plus associated debt service on bonds.

• City of Marshall may issue bonds up to $17,290,000 to finance facility costs, with bonds exempt from debt limitations and not requiring a separate election for approval.

• Taxes imposed under the bill expire after 15 years or when revenues collected equal authorized spending plus bond-related costs, whichever occurs first, with city council option to expire taxes earlier by ordinance.