Establishes a fund to provide recurring appropriations to rural counties based on weighted scores.
The bill creates a special account called the rural revenue equity fund within the state general fund, with a recurring appropriation of $210 million. The fund is administered by the commissioner of economic and community development. Funds are allocated to rural counties based on weighted scores derived from categories such as land under greenbelt classification, agricultural sales, and lack of statutory authority to levy development taxes.
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