Minnesota modifies local sales tax authority and requirements for capital projects.
The bill amends Minnesota Statutes to modify the authority and requirements for local sales taxes. It repeals a temporary moratorium on imposing new local sales taxes until May 31, 2025. It also changes the conditions under which local sales taxes can be used for capital projects, requiring a clear regional benefit. The bill outlines specific requirements for projects like convention centers, law enforcement centers, and regional sports complexes. It mandates public hearings and voter approval for imposing new local sales taxes.
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- Impact
- Legal Framework
- Critical Issues
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