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MN SF3132

Bill

Status

Introduced

3/9/2010

Primary Sponsor

Ann Rest

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Amends Minnesota Statutes 2008, section 270.075, subdivision 1 to require the Commissioner of Transportation to certify the airflight property tax portion of the state airport fund appropriation prior to September 1 of each year.

  • Defines the property tax portion as the difference between total fund appropriation and estimated total fund revenues from other sources for the state fiscal year in which the tax is payable.

  • Requires the Commissioner of Transportation's certification to state the total fund appropriation and individually list estimated fund revenues, with the difference shown as the property tax portion.

  • Establishes that if certification is not received by September 1, the commissioner shall use the last previous certified amount to determine the tax rate.

  • Effective for taxes payable in 2011 and thereafter.

Legislative Description

Airport fund appropriation airflight property tax portion certification requirements

Last Action

Senate: Introduction and first reading

3/9/2010

Committee Referrals

Taxes3/9/2010

Full Bill Text

No bill text available