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MN SF4543
Bill
Status
Introduced
4/26/2022
Primary Sponsor
Bernhard Eken
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AI Summary
- Extends the expiration period of Moorhead's local sales tax from 22 years to 30 years after the tax is first imposed
- Tax may still expire earlier if the city council determines sufficient revenue has been collected to pay project costs and bond-related expenses
- Allows the city to expire the tax at an even earlier time by ordinance if desired
- Exempts this modification from certain requirements in Minnesota Statutes section 297A.99, subdivisions 2(a) and (b)
- Becomes effective upon compliance with Minnesota Statutes section 645.021 by the city of Moorhead's governing body and chief clerical officer
Legislative Description
Moorhead local sales tax authorization modification
Last Action
Referred to Taxes
4/26/2022
Committee Referrals
Taxes4/26/2022
Full Bill Text
No bill text available