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MN HF2917
Bill
Status
3/10/2014
Primary Sponsor
Steve Simon
Click for details
AI Summary
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Expands property eligibility for special service districts to include property that is "wholly or partially" classified as class 3 (commercial, industrial, or public utility) under section 273.13, removing previous restrictions on vacant land classification.
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Changes petition requirement threshold from requiring owners of 25 percent of land area AND either 25 percent of net tax capacity or 25 percent of service charges to requiring only one of three conditions: 25 percent of net tax capacity ownership, or 25 percent of proposed service charges.
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Modifies veto requirement from 35 percent of "land area" to 35 percent of "value" in the district subject to service charges based on net tax capacity, providing alternative veto thresholds based on ownership stakes or service charge obligations.
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Applies service charges to entire taxable market value of properties where 50 percent or more is classified as class 3, including portions not classified as class 3.
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Repeals Minnesota Statutes 2012, section 428A.01, subdivision 6.
Legislative Description
Special service district ordinance, petition, and veto requirements modified.
Last Action
Committee report, to adopt as amended and re-refer to Taxes
3/19/2014