Loading chat...
MN SF1608
Bill
Status
Introduced
2/13/2023
Primary Sponsor
Bill Weber
Click for details
AI Summary
- Increases the maximum ad valorem tax levy for watershed district general funds from 0.048 percent to 0.096 percent of estimated market value
- Increases the maximum dollar cap for the general fund tax levy from $250,000 to $500,000, whichever is less
- Money in the general fund is used for administrative expenses and construction, implementation, and maintenance of projects benefiting the watershed district
- Maintains existing authority for managers to levy additional taxes up to 0.00798 percent for up to 15 consecutive years for basic water management features of projects initiated by political subdivisions or at least 50 resident property owners
- Effective for taxable years beginning after December 31, 2023
Legislative Description
Watershed district general fund levy maximum amount increase
Last Action
Comm report: To pass as amended and re-refer to Taxes
2/27/2023
Committee Referrals
Taxes2/27/2023
Environment, Climate, and Legacy2/13/2023
Full Bill Text
No bill text available