Bill Text: MN SF1162 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Iron Range fiscal disparities program study and appropriation
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2013-03-07 - Referred to Taxes [SF1162 Detail]
Download: Minnesota-2013-SF1162-Introduced.html
1.2relating to taxation; property tax; requiring a study of the Iron Range fiscal
1.3disparities program; appropriating money.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. IRON RANGE FISCAL DISPARITIES STUDY.
1.6The commissioner of revenue shall conduct a study of the tax relief area revenue
1.7distribution program contained in Minnesota Statutes, chapter 276A, commonly known as
1.8the Iron Range fiscal disparities program. By February 1, 2015, the commissioner shall
1.9submit a report to the chairs and ranking minority members of the house of representatives
1.10and senate tax committees consisting of the findings of the study and identification of
1.11issues for policy makers to consider. The study must analyze:
1.12(1) the extent to which the benefits of the economic growth in the region are shared
1.13throughout the region, especially for growth that results from state or regional decisions;
1.14(2) the program's impact on the variability of tax rates across jurisdictions of the
1.15region;
1.16(3) the program's impact on the distribution of homestead property tax burdens
1.17across jurisdictions of the region; and
1.18(4) the relationship between the impacts of the program and overburden on
1.19jurisdictions containing properties that provide regional benefits, specifically the costs
1.20those properties impose on their host jurisdictions in excess of their tax payments. The
1.21report must include a description of other property tax, aid, and local development
1.22programs that interact with the fiscal disparities program.
1.23EFFECTIVE DATE.This section is effective January 1, 2014.
2.1 Sec. 2. APPROPRIATION.
2.2$........ in fiscal year 2014 and $....... in fiscal year 2015 are appropriated from the
2.3general fund to the commissioner of revenue to pay for the study required in section 1.
2.4These are onetime appropriations.
1.3disparities program; appropriating money.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. IRON RANGE FISCAL DISPARITIES STUDY.
1.6The commissioner of revenue shall conduct a study of the tax relief area revenue
1.7distribution program contained in Minnesota Statutes, chapter 276A, commonly known as
1.8the Iron Range fiscal disparities program. By February 1, 2015, the commissioner shall
1.9submit a report to the chairs and ranking minority members of the house of representatives
1.10and senate tax committees consisting of the findings of the study and identification of
1.11issues for policy makers to consider. The study must analyze:
1.12(1) the extent to which the benefits of the economic growth in the region are shared
1.13throughout the region, especially for growth that results from state or regional decisions;
1.14(2) the program's impact on the variability of tax rates across jurisdictions of the
1.15region;
1.16(3) the program's impact on the distribution of homestead property tax burdens
1.17across jurisdictions of the region; and
1.18(4) the relationship between the impacts of the program and overburden on
1.19jurisdictions containing properties that provide regional benefits, specifically the costs
1.20those properties impose on their host jurisdictions in excess of their tax payments. The
1.21report must include a description of other property tax, aid, and local development
1.22programs that interact with the fiscal disparities program.
1.23EFFECTIVE DATE.This section is effective January 1, 2014.
2.1 Sec. 2. APPROPRIATION.
2.2$........ in fiscal year 2014 and $....... in fiscal year 2015 are appropriated from the
2.3general fund to the commissioner of revenue to pay for the study required in section 1.
2.4These are onetime appropriations.
