Loading chat...
MN SF2336
Bill
Status
Introduced
3/1/2023
Primary Sponsor
Grant Hauschild
Click for details
AI Summary
- Provides property tax refunds for commercial-industrial properties located in Cook County or Lake County for calendar year 2022.
- Refund amount equals the difference between actual 2022 taxes paid and taxes that would have been paid using the 2020 contribution percentage, minus 10 percent of 2022 taxes.
- County auditors must calculate refund amounts by September 1, 2023, and county treasurers must issue refunds by November 1, 2023.
- Appropriates up to $2,000,000 in fiscal year 2024 from the general fund to the commissioner of revenue for refund payments.
- Effective July 1, 2023; includes provisions for prorated refunds if appropriation is insufficient to cover full amounts.
Legislative Description
Refunds of the calendar year 2022 fiscal disparities contribution tax provision for certain commercial-industrial properties
Last Action
Referred to Taxes
3/1/2023
Committee Referrals
Taxes3/1/2023
Full Bill Text
No bill text available