Minnesota HF1279 amends property tax law to provide a distribution of the state general levy to certain low-aid municipalities.

Minnesota HF1279 amends property tax law by adding a new subdivision to distribute the state general levy to certain low-aid municipalities. A low-aid municipality is eligible if it lies within a specific area, does not receive certain state aid, has a fiscal disparities contribution tax capacity exceeding its distribution tax capacity, has a population under 5,000, and is located in Anoka County. The distribution amount is determined by the municipality's net tax capacity tax rate and net fiscal disparities contribution, subject to certain limits.

Minnesota HF1279 amends property tax law to provide a distribution of the state general levy to certain low-aid municipalities.

Minnesota HF1279 amends property tax law by adding a new subdivision to distribute the state general levy to certain low-aid municipalities. A low-aid municipality is eligible if it lies within a specific area, does not receive certain state aid, has a fiscal disparities contribution tax capacity exceeding its distribution tax capacity, has a population under 5,000, and is located in Anoka County. The distribution amount is determined by the municipality's net tax capacity tax rate and net fiscal disparities contribution, subject to certain limits.