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MN HF3194

Bill

Status

Introduced

2/7/2022

Primary Sponsor

Jamie Becker-finn

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Authorizes the city of Roseville to impose a local sales and use tax of one-half of one percent, subject to voter approval at a general election.

  • Tax revenues must be used to pay collection and administration costs, plus three specific projects: $42,000,000 for a new maintenance facility, $7,000,000 for a new license and passport center, and $16,000,000 for a pedestrian bridge.

  • Authorizes Roseville to issue bonds up to $65,000,000 total (plus issuance costs) to finance the three projects, with bonds exempt from state debt limitations and levy restrictions.

  • Tax expires at the earlier of 16 years after implementation or when sufficient revenues are collected to pay project costs and bond obligations, with any remaining funds transferred to the city's general fund.

  • Effective upon compliance with state statutory notification requirements by Roseville's governing body and chief clerical officer.

Legislative Description

Roseville; local sales and use tax authority modified.

Last Action

Referred by Chair to Property Tax Division

2/15/2022

Committee Referrals

Property Tax2/15/2022
Taxes2/7/2022

Full Bill Text

No bill text available