Bill Text: MN HF1246 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Moose Lake; local sales and use tax authorized.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2011-03-29 - Referred by Chair to Property and Local Tax Division [HF1246 Detail]
Download: Minnesota-2011-HF1246-Introduced.html
1.2relating to taxation; authorizing the city of Moose Lake to impose a local sales
1.3and use tax.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MOOSE LAKE; SALES AND USE TAX.
1.6 Subdivision 1. Sales and use tax authorization. Notwithstanding Minnesota
1.7Statutes, section 297A.99, subdivisions 1 and 2, or 477A.016, or any other law, ordinance,
1.8or city charter, as approved by the voters at the next general election, the city of Moose
1.9Lake may impose, by ordinance, a sales and use tax up to one-half of one percent for
1.10the purposes specified in subdivision 2. The provisions of Minnesota Statutes, section
1.11297A.99, except subdivisions 1 and 2, govern the imposition, administration, collection,
1.12and enforcement of the tax authorized under this subdivision.
1.13 Subd. 2. Use of sales and use tax revenues. The revenues derived from the tax
1.14authorized under subdivision 1 must be used by the city of Moose Lake to pay the costs
1.15of collecting and administering the tax and to finance the costs of: (1) improvements
1.16to the city's park system of benefit to regional residents and of benefit to regional
1.17tourism, including the Earl Ellen's Park-Riverside Arena project, and the Historic Trail
1.18Depot Project; (2) street and related infrastructure improvements; and (3) municipal
1.19library improvements. Authorized costs include construction and engineering costs and
1.20associated bond costs.
1.21 Subd. 3. Bonds. (a) If the imposition of a sales and use tax is approved by the
1.22voters, the city of Moose Lake may issue bonds under Minnesota Statutes, chapter 475, to
1.23finance all or a portion of the costs of the facilities authorized in subdivision 2, and may
1.24issue bonds to refund bonds previously issued. The aggregate principal amount of bonds
2.1issued under this subdivision may not exceed $3,000,000, plus an amount to be applied to
2.2the payment of the costs of issuing the bonds. The bonds may be paid from or secured
2.3by any funds available to the city of Moose Lake, including the tax authorized under
2.4subdivision 1. The issuance of bonds under this subdivision is not subject to Minnesota
2.5Statutes, sections 275.60 and 275.61.
2.6(b) The bonds are not included in computing any debt limitation applicable to the
2.7city of Moose Lake, and any levy of taxes under Minnesota Statutes, section 475.61, to
2.8pay principal and interest on the bonds is not subject to any levy limitation. A separate
2.9election to approve the bonds under Minnesota Statutes, section 475.58, is not required.
2.10 Subd. 4. Termination of taxes. The tax imposed under subdivision 1 expires at
2.11the earlier of: (1) 20 years after the tax is first imposed; or (2) when the city council
2.12determines that $3,000,000 has been received from the tax to pay for the capital and
2.13administrative costs of the facilities under subdivision 2, plus an amount sufficient to pay
2.14the costs related to issuance of the bonds under subdivision 3, including interest on the
2.15bonds. Any funds remaining after payment of all such costs and retirement or redemption
2.16of the bonds shall be placed in the general fund of the city. The tax imposed under
2.17subdivision 1 may expire at an earlier time if the city so determines by ordinance.
2.18EFFECTIVE DATE.This section is effective the day after compliance by the
2.19governing body of the city of Moose Lake with Minnesota Statutes, section 645.021,
2.20subdivision 3.
1.3and use tax.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. CITY OF MOOSE LAKE; SALES AND USE TAX.
1.6 Subdivision 1. Sales and use tax authorization. Notwithstanding Minnesota
1.7Statutes, section 297A.99, subdivisions 1 and 2, or 477A.016, or any other law, ordinance,
1.8or city charter, as approved by the voters at the next general election, the city of Moose
1.9Lake may impose, by ordinance, a sales and use tax up to one-half of one percent for
1.10the purposes specified in subdivision 2. The provisions of Minnesota Statutes, section
1.11297A.99, except subdivisions 1 and 2, govern the imposition, administration, collection,
1.12and enforcement of the tax authorized under this subdivision.
1.13 Subd. 2. Use of sales and use tax revenues. The revenues derived from the tax
1.14authorized under subdivision 1 must be used by the city of Moose Lake to pay the costs
1.15of collecting and administering the tax and to finance the costs of: (1) improvements
1.16to the city's park system of benefit to regional residents and of benefit to regional
1.17tourism, including the Earl Ellen's Park-Riverside Arena project, and the Historic Trail
1.18Depot Project; (2) street and related infrastructure improvements; and (3) municipal
1.19library improvements. Authorized costs include construction and engineering costs and
1.20associated bond costs.
1.21 Subd. 3. Bonds. (a) If the imposition of a sales and use tax is approved by the
1.22voters, the city of Moose Lake may issue bonds under Minnesota Statutes, chapter 475, to
1.23finance all or a portion of the costs of the facilities authorized in subdivision 2, and may
1.24issue bonds to refund bonds previously issued. The aggregate principal amount of bonds
2.1issued under this subdivision may not exceed $3,000,000, plus an amount to be applied to
2.2the payment of the costs of issuing the bonds. The bonds may be paid from or secured
2.3by any funds available to the city of Moose Lake, including the tax authorized under
2.4subdivision 1. The issuance of bonds under this subdivision is not subject to Minnesota
2.5Statutes, sections 275.60 and 275.61.
2.6(b) The bonds are not included in computing any debt limitation applicable to the
2.7city of Moose Lake, and any levy of taxes under Minnesota Statutes, section 475.61, to
2.8pay principal and interest on the bonds is not subject to any levy limitation. A separate
2.9election to approve the bonds under Minnesota Statutes, section 475.58, is not required.
2.10 Subd. 4. Termination of taxes. The tax imposed under subdivision 1 expires at
2.11the earlier of: (1) 20 years after the tax is first imposed; or (2) when the city council
2.12determines that $3,000,000 has been received from the tax to pay for the capital and
2.13administrative costs of the facilities under subdivision 2, plus an amount sufficient to pay
2.14the costs related to issuance of the bonds under subdivision 3, including interest on the
2.15bonds. Any funds remaining after payment of all such costs and retirement or redemption
2.16of the bonds shall be placed in the general fund of the city. The tax imposed under
2.17subdivision 1 may expire at an earlier time if the city so determines by ordinance.
2.18EFFECTIVE DATE.This section is effective the day after compliance by the
2.19governing body of the city of Moose Lake with Minnesota Statutes, section 645.021,
2.20subdivision 3.
