Bill Text: MN HF2696 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Metropolitan Council; formula changed for assistance to cities and towns with replacement transit service.

Sponsorship: Partisan Bill (Republican 4)

Status: (Introduced - Dead) 2012-03-05 - Introduction and first reading, referred to Transportation Policy and Finance [HF2696 Detail]

Download: Minnesota-2011-HF2696-Introduced.html

1.1A bill for an act
1.2relating to metropolitan transit; changing the formula for assistance by the
1.3Metropolitan Council to cities and towns with replacement transit service;
1.4amending Minnesota Statutes 2010, section 473.388, subdivision 4.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. Minnesota Statutes 2010, section 473.388, subdivision 4, is amended to read:
1.7    Subd. 4. Financial assistance. (a) The council must grant the requested financial
1.8assistance if it determines that the proposed service is intended to replace the service to
1.9the applying city or town or combination thereof by the council and that the proposed
1.10service will meet the needs of the applicant at least as efficiently and effectively as the
1.11existing service.
1.12    (b) The amount of assistance which the council must provide to a system under this
1.13section may not be less than the sum of the amounts determined for each municipality
1.14comprising the system as follows:
1.15    (1) the transit operating assistance grants received under this subdivision by the
1.16municipality in calendar year 2001 or the tax revenues for transit services levied by the
1.17municipality for taxes payable in 2001, including that portion of the levy derived from
1.18the areawide pool under section 473F.08, subdivision 3, clause (a), plus the portion of
1.19the municipality's aid under section 273.1398, subdivision 2, attributable to the transit
1.20levy; times
1.21    (2) the ratio of (i) an amount equal to 3.74 6.25 percent of the state revenues
1.22generated from the taxes imposed under chapter 297B for the current fiscal year to (ii)
1.23the total transit operating assistance grants received under this subdivision in calendar
1.24year 2001 or the tax revenues for transit services levied by all replacement service
2.1municipalities under this section for taxes payable in 2001, including that portion of the
2.2levy derived from the areawide pool under section 473F.08, subdivision 3, clause (a), plus
2.3the portion of homestead and agricultural credit aid under section 273.1398, subdivision 2,
2.4attributable to nondebt transit levies, times
2.5    (3) the ratio of (i) the municipality's total taxable market value for taxes payable
2.6in 2006 divided by the municipality's total taxable market value for taxes payable in
2.72001, to (ii) the total taxable market value of all property located in replacement service
2.8municipalities for taxes payable in 2006 divided by the total taxable market value of all
2.9property located in replacement service municipalities for taxes payable in 2001.
2.10    (c) The council shall pay the amount to be provided to the recipient from the funds
2.11the council receives in the metropolitan area transit account under section 16A.88.
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