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MN SF3046

Bill

Status

Introduced

2/10/2022

Primary Sponsor

Chris Eaton

Click for details

Origin

Senate

92nd Legislature 2021-2022

AI Summary

  • Modifies watershed district general fund ad valorem tax levy to not exceed 0.048 percent of estimated market value or $250,000, whichever is less
  • Changes allowable use of general fund from "general administrative expenses and construction or implementation and maintenance of projects of common benefit" to paying costs of plan preparation under sections 103D.401 to 103D.411 and implementing identified projects and programs
  • Maintains watershed district managers' authority to levy an additional tax not exceeding 0.00798 percent of estimated market value for up to 15 consecutive years for basic water management features of projects initiated by political subdivisions or petitions of at least 50 resident property owners
  • Effective for taxable years beginning after December 31, 2022

Legislative Description

Watershed district general fund tax levy authority modification

Last Action

Comm report: To pass as amended and re-refer to Taxes

3/17/2022

Committee Referrals

Taxes3/17/2022
Environment and Natural Resources Policy and Legacy Finance2/10/2022

Full Bill Text

No bill text available