Bill Text: MN HF39 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Walker; local taxes authorized.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-01-15 - Referred by Chair to Property and Local Tax Division [HF39 Detail]
Download: Minnesota-2013-HF39-Introduced.html
1.2relating to taxation; local taxes authorized; city of Walker.
1.3BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.4 Section 1. CITY OF WALKER; LOCAL TAXES AUTHORIZED.
1.5 Subdivision 1. Sales and use tax authorized. Notwithstanding Minnesota Statutes,
1.6section 477A.016, or any ordinance, city charter, or other provision of law, pursuant to the
1.7approval of the voters on November 6, 2012, the city of Walker may impose by ordinance
1.8a sales and use tax of 1-1/2 percent for the purposes specified in subdivision 2. The
1.9provisions of Minnesota Statutes, section 297A.99, govern the imposition, administration,
1.10collection, and enforcement of the taxes authorized under this subdivision.
1.11 Subd. 2. Use of revenues. Revenues received from the tax authorized by
1.12subdivision 1 must be used to pay all or part of the capital and administrative costs of
1.13underground utility, street, curb, gutter, and sidewalk improvements in the city of Walker
1.14as outlined in the 2012 capital improvement plan of the engineer of the city of Walker.
1.15 Subd. 3. Bonding authority. The city of Walker, pursuant to the approval of the
1.16voters at the November 6, 2012, referendum authorizing the imposition of the taxes in
1.17this section, may issue bonds under Minnesota Statutes, chapter 475, to pay capital and
1.18administrative expenses for the projects described in subdivision 2, in an amount that
1.19does not exceed $20,000,000. A separate election to approve the bonds under Minnesota
1.20Statutes, section 475.58, is not required.
1.21 Subd. 4. Termination of tax. The tax authorized under subdivision 1 terminates at
1.22the earlier of:
1.23(1) 20 years after the date of initial imposition of the tax; or
2.1(2) when the city council determines that sufficient funds have been raised from
2.2the tax to finance the capital and administrative costs of the improvements described in
2.3subdivision 2, plus the additional amount needed to pay the costs related to issuance of
2.4bonds under subdivision 3, including interest on the bonds.
2.5Any funds remaining after completion of the projects specified in subdivision 2 and
2.6retirement or redemption of bonds in subdivision 3 shall be placed in the general fund
2.7of the city. The tax imposed under subdivision 1 may expire at an earlier time if the
2.8city so determines by ordinance.
2.9EFFECTIVE DATE.This section is effective the day after compliance by
2.10the governing body of the city of Walker with Minnesota Statutes, section 645.021,
2.11subdivisions 2 and 3.
1.3BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.4 Section 1. CITY OF WALKER; LOCAL TAXES AUTHORIZED.
1.5 Subdivision 1. Sales and use tax authorized. Notwithstanding Minnesota Statutes,
1.6section 477A.016, or any ordinance, city charter, or other provision of law, pursuant to the
1.7approval of the voters on November 6, 2012, the city of Walker may impose by ordinance
1.8a sales and use tax of 1-1/2 percent for the purposes specified in subdivision 2. The
1.9provisions of Minnesota Statutes, section 297A.99, govern the imposition, administration,
1.10collection, and enforcement of the taxes authorized under this subdivision.
1.11 Subd. 2. Use of revenues. Revenues received from the tax authorized by
1.12subdivision 1 must be used to pay all or part of the capital and administrative costs of
1.13underground utility, street, curb, gutter, and sidewalk improvements in the city of Walker
1.14as outlined in the 2012 capital improvement plan of the engineer of the city of Walker.
1.15 Subd. 3. Bonding authority. The city of Walker, pursuant to the approval of the
1.16voters at the November 6, 2012, referendum authorizing the imposition of the taxes in
1.17this section, may issue bonds under Minnesota Statutes, chapter 475, to pay capital and
1.18administrative expenses for the projects described in subdivision 2, in an amount that
1.19does not exceed $20,000,000. A separate election to approve the bonds under Minnesota
1.20Statutes, section 475.58, is not required.
1.21 Subd. 4. Termination of tax. The tax authorized under subdivision 1 terminates at
1.22the earlier of:
1.23(1) 20 years after the date of initial imposition of the tax; or
2.1(2) when the city council determines that sufficient funds have been raised from
2.2the tax to finance the capital and administrative costs of the improvements described in
2.3subdivision 2, plus the additional amount needed to pay the costs related to issuance of
2.4bonds under subdivision 3, including interest on the bonds.
2.5Any funds remaining after completion of the projects specified in subdivision 2 and
2.6retirement or redemption of bonds in subdivision 3 shall be placed in the general fund
2.7of the city. The tax imposed under subdivision 1 may expire at an earlier time if the
2.8city so determines by ordinance.
2.9EFFECTIVE DATE.This section is effective the day after compliance by
2.10the governing body of the city of Walker with Minnesota Statutes, section 645.021,
2.11subdivisions 2 and 3.
