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MN HF1862
Bill
Status
3/1/2017
Primary Sponsor
Jon Koznick
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AI Summary
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Proposes a constitutional amendment to replace Minnesota's existing legacy amendment with a new 3/8 percent sales and use tax increase effective July 1, 2019 through June 30, 2039.
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Dedicates tax receipts as follows: 33% to clean water fund (with minimum 5% for drinking water protection), 30% to highway user tax distribution fund, 19% to outdoor heritage fund, 10% to arts and cultural heritage fund, and 8% to parks and trails fund.
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Creates four new funds in the state treasury: outdoor heritage fund, parks and trails fund, clean water fund with sustainable drinking water account, and arts and cultural heritage fund.
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Requires dedicated money to supplement rather than substitute traditional funding sources and allows proportional tax rate adjustment if the sales and use tax base changes.
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Requires the amendment be submitted to voters at the 2018 general election.
Legislative Description
Legacy amendment replaced with funding for clean water, roads and bridges, outdoor heritage, arts and cultural heritages, and parks and trails; and constitutional amendment proposed.
Last Action
Introduction and first reading, referred to Legacy Funding Finance
3/1/2017