Bill Text: MN SF389 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Western border city enterprise zones supplemental tax reduction allocation
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2013-02-11 - Referred to Taxes [SF389 Detail]
Download: Minnesota-2013-SF389-Introduced.html
1.2relating to taxation; providing a supplemental allocation for the border city
1.3program; amending Minnesota Statutes 2012, section 469.169, by adding a
1.4subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 469.169, is amended by adding a
1.7subdivision to read:
1.8 Subd. 19. Additional border city allocation; 2013. (a) In addition to the tax
1.9reductions authorized in subdivisions 12 to 18, the commissioner shall allocate $1,000,000
1.10for tax reductions to border city enterprise zones in cities located on the western border
1.11of the state. The commissioner shall allocate this amount among cities on a per capita
1.12basis. Allocations made under this subdivision may be used for tax reductions under
1.13section 469.171, or for other offsets of taxes imposed on or remitted by businesses located
1.14in the enterprise zone, but only if the municipality determines that the granting of the tax
1.15reduction or offset is necessary to retain a business within or attract a business to the zone.
1.16The city alternatively may elect to use any portion of the allocation under this paragraph
1.17for tax reductions under section 469.1732 or 469.1734.
1.18(b) The commissioner shall allocate $1,000,000 for tax reductions under section
1.19469.1732 or 469.1734 to cities with border city enterprise zones located on the western
1.20border of the state. The commissioner shall allocate this amount among the cities on a per
1.21capita basis. The city alternatively may elect to use any portion of the allocation provided
1.22in this paragraph for tax reductions under section 469.171.
1.23EFFECTIVE DATE.This section is effective July 1, 2013.
1.3program; amending Minnesota Statutes 2012, section 469.169, by adding a
1.4subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 469.169, is amended by adding a
1.7subdivision to read:
1.8 Subd. 19. Additional border city allocation; 2013. (a) In addition to the tax
1.9reductions authorized in subdivisions 12 to 18, the commissioner shall allocate $1,000,000
1.10for tax reductions to border city enterprise zones in cities located on the western border
1.11of the state. The commissioner shall allocate this amount among cities on a per capita
1.12basis. Allocations made under this subdivision may be used for tax reductions under
1.13section 469.171, or for other offsets of taxes imposed on or remitted by businesses located
1.14in the enterprise zone, but only if the municipality determines that the granting of the tax
1.15reduction or offset is necessary to retain a business within or attract a business to the zone.
1.16The city alternatively may elect to use any portion of the allocation under this paragraph
1.17for tax reductions under section 469.1732 or 469.1734.
1.18(b) The commissioner shall allocate $1,000,000 for tax reductions under section
1.19469.1732 or 469.1734 to cities with border city enterprise zones located on the western
1.20border of the state. The commissioner shall allocate this amount among the cities on a per
1.21capita basis. The city alternatively may elect to use any portion of the allocation provided
1.22in this paragraph for tax reductions under section 469.171.
1.23EFFECTIVE DATE.This section is effective July 1, 2013.
