Bill Text: MN HF2555 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Seasonal residential recreational property state general tax portion allocated to school districts.
Sponsorship: Partisan Bill (Democrat 5)
Status: (Introduced - Dead) 2014-03-03 - Introduction and first reading, referred to Education Finance [HF2555 Detail]
Download: Minnesota-2013-HF2555-Introduced.html
1.2relating to education finance; taxes; allocating a portion of the state general
1.3tax on seasonal residential recreational property to school districts;amending
1.4Minnesota Statutes 2012, sections 275.025, by adding a subdivision; 276.112.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 275.025, is amended by adding a
1.7subdivision to read:
1.8 Subd. 5. Distribution to school districts. (a) Of the amount of the state general
1.9tax levied on seasonal residential recreational property, 75 percent shall be allocated and
1.10distributed to the school district in which the property is located.
1.11(b) Any amount received by a school district in any fiscal year under paragraph (a)
1.12shall not be applied to reduce general education aid that the district receives under section
1.13126C.13 or the permissible levies of the district.
1.14EFFECTIVE DATE.This section is effective for taxes payable in 2015.
1.15 Sec. 2. Minnesota Statutes 2012, section 276.112, is amended to read:
1.16276.112 STATE PROPERTY TAXES; COUNTY TREASURER.
1.17On the estimated payment and settlement dates provided in this chapter for the
1.18settlement of taxes levied by school districts, the county treasurer must make full
1.19settlement with the county auditor for all receipts of state property taxes levied under
1.20section275.025 , and must transmit those receipts, less the amount under section 275.025,
1.21subdivision 5, to the commissioner of revenue by electronic means on the dates and
1.22according to the provisions applicable to distributions to school districts.
2.1EFFECTIVE DATE.This section is effective for taxes payable in 2015.
1.3tax on seasonal residential recreational property to school districts;amending
1.4Minnesota Statutes 2012, sections 275.025, by adding a subdivision; 276.112.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 275.025, is amended by adding a
1.7subdivision to read:
1.8 Subd. 5. Distribution to school districts. (a) Of the amount of the state general
1.9tax levied on seasonal residential recreational property, 75 percent shall be allocated and
1.10distributed to the school district in which the property is located.
1.11(b) Any amount received by a school district in any fiscal year under paragraph (a)
1.12shall not be applied to reduce general education aid that the district receives under section
1.13126C.13 or the permissible levies of the district.
1.14EFFECTIVE DATE.This section is effective for taxes payable in 2015.
1.15 Sec. 2. Minnesota Statutes 2012, section 276.112, is amended to read:
1.16276.112 STATE PROPERTY TAXES; COUNTY TREASURER.
1.17On the estimated payment and settlement dates provided in this chapter for the
1.18settlement of taxes levied by school districts, the county treasurer must make full
1.19settlement with the county auditor for all receipts of state property taxes levied under
1.20section
1.21subdivision 5, to the commissioner of revenue by electronic means on the dates and
1.22according to the provisions applicable to distributions to school districts.
2.1EFFECTIVE DATE.This section is effective for taxes payable in 2015.
