Minnesota SF4670 amends school district tax levy rules to include certain lease amounts for school building bond agricultural credit.

Minnesota SF4670 modifies the eligibility criteria for school district tax levies, specifically making certain lease amounts eligible for school building bond agricultural credit. This change affects school districts that span more than one county, requiring the clerk to certify the tax levied to the auditor of the county where the district's administrative offices are located. The bill also mandates that districts identify the portion of the levy dedicated to debt service at the time of certification. This provision is effective starting with taxes payable in 2027.

Minnesota SF4670 amends school district tax levy rules to include certain lease amounts for school building bond agricultural credit.

Minnesota SF4670 modifies the eligibility criteria for school district tax levies, specifically making certain lease amounts eligible for school building bond agricultural credit. This change affects school districts that span more than one county, requiring the clerk to certify the tax levied to the auditor of the county where the district's administrative offices are located. The bill also mandates that districts identify the portion of the levy dedicated to debt service at the time of certification. This provision is effective starting with taxes payable in 2027.