MN SF2247

Mille Lacs County auditor must certify to the commissioner of revenue the amount of tax revenue lost by each taxing jurisdiction due to property placed into trust by the U.S. Department of the Interior Bureau of Indian Affairs between January 1, 2009, and December 31, 2015, by July 1, 2016.

Starting in 2017, the county auditor must annually certify by July 1 any additional tax revenue losses from properties placed into trust during the preceding calendar year, limited to applications filed between January 1, 2009, and June 30, 2016.

For the first five years following certification, the commissioner of education and commissioner of revenue must distribute full certified amounts to the county for distribution to affected school districts and other taxing jurisdictions respectively.

Beginning in the sixth year and thereafter, reimbursements decrease by 20 percent annually from the initial year's amount.

Funds are appropriated annually from the general fund to the commissioner of revenue for non-school district jurisdictions and to the commissioner of education for school district reimbursements.