Establishes levy limits for cities and counties in Minnesota and modifies the authorization process for additional levies.

The bill establishes levy limits for cities and counties in Minnesota. It modifies the authorization process for additional levies, allowing them to be approved by a majority of voters. The bill also repeals certain sections of Minnesota Statutes related to additional levies and makes adjustments to the levy limit base calculation. The changes are effective for property taxes payable in 2027 and thereafter.

Establishes levy limits for cities and counties in Minnesota and modifies the authorization process for additional levies.

The bill establishes levy limits for cities and counties in Minnesota. It modifies the authorization process for additional levies, allowing them to be approved by a majority of voters. The bill also repeals certain sections of Minnesota Statutes related to additional levies and makes adjustments to the levy limit base calculation. The changes are effective for property taxes payable in 2027 and thereafter.