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MN HF4105

Bill

Status

Introduced

3/4/2020

Primary Sponsor

Steve Green

Click for details

Origin

House of Representatives

91st Legislature 2019-2020

AI Summary

  • Increases the distribution factor for town aid from 0.0045 to 0.009 starting in 2021, effectively doubling the aid calculation multiplier.

  • Raises the total annual appropriation cap for town aid from $10,000,000 (through 2020) to $20,000,000 for 2021 and thereafter.

  • Town aid distributions are calculated using agricultural property factor, town area factor (capped at 50,000 acres), and population factor, with total aid reduced proportionately if it exceeds the spending limit.

  • Removes the previous language limiting eligibility to "2014 and thereafter" to make the distribution formula apply to all towns going forward.

Legislative Description

Local government aid; town aid appropriation increased.

Last Action

Committee report, without further recommendation re-refer to Property and Local Tax Division

3/12/2020

Committee Referrals

Property and Local Tax3/12/2020
Taxes3/4/2020

Full Bill Text

No bill text available