MN SF3334

Allows an airport authority established under Minnesota Statutes section 360.042 that includes the city of Thief River Falls to levy against referendum market value instead of net tax capacity.

The authority may exercise this levy option only if the intent to do so is stated in the joint agreement establishing the authority.

References Minnesota Statutes section 126C.01, subdivision 3, for the definition of referendum market value.

Effective the day following final enactment without requiring local approval, per Minnesota Statutes section 654.023, subdivision 1, paragraph (a).