Minnesota Legislature
HF 61
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
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A bill for an act
relating to taxes; authorizing a property tax rebate; appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. new text begin 2007 PROPERTY TAX REBATE.
new text end
new text begin Subdivision 1. new text end
new text begin Qualifying properties. new text end
new text begin
Owners of properties that are located in
qualifying taxing jurisdictions are eligible to receive a rebate equal to 15 percent of the
full tax amount that would otherwise be due for taxes payable in 2007. In order to receive
the rebate, the county and the city or town where the property is located must submit
proposed levies for taxes payable in 2008 under Minnesota Statutes 2006, section 275.065,
subdivision 1, and section 3, that do not exceed the amount determined under section 2.
new text end
new text begin Subd. 2. new text end
new text begin Supplemental tax statement. new text end
new text begin
By September 21, 2007, each county
treasurer must mail out a supplemental property tax statement for each property that
qualifies for a rebate under subdivision 1. The supplemental statement must show the
revised second-half payment due on the property, after deducting the rebate determined
under subdivision 1 from the normal second-half payment. The amount of the rebate
shall be deducted proportionately from the tax amounts otherwise due to each taxing
jurisdiction.
new text end
new text begin Subd. 3. new text end
new text begin Report to commissioner of revenue. new text end
new text begin
Each county auditor shall report the
total amount of rebates issued to the commissioner of revenue by October 15, 2007, in
a form prescribed by the commissioner.
new text end
new text begin Subd. 4. new text end
new text begin Payments. new text end
new text begin
The commissioner of revenue must issue reimbursement
payments to each county equal to the amount of rebates issued by the county under
subdivision 2 by November 15, 2007. The county treasurer shall distribute the
reimbursement payments in the same way that property tax payments are distributed under
Minnesota Statutes 2006, sections 276.10 to 276.12.
new text end
new text begin Subd. 5. new text end
new text begin Refunds. new text end
new text begin
Any property taxes paid, including taxes paid by an escrow
agent, that are in excess of the amount due because of the rebate authorized under this
section must be refunded by the county to the property owner of record. The refunds
must be paid by December 1, 2007, or within 60 days of receipt of the excess payment,
whichever is later.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment.
new text end
Sec. 2. new text begin COMMISSIONER OF REVENUE TO DETERMINE MAXIMUM
LEVIES.
new text end
new text begin
(a) The commissioner of revenue shall determine for each county, city, and town a
maximum amount that the taxing authority may levy in 2007, for taxes payable in 2008, in
order for properties in that jurisdiction to be eligible for a property tax rebate under section
1. The commissioner shall notify the taxing authority of this amount by August 1, 2007.
new text end
new text begin
(b) For counties and cities, the maximum amount of property taxes allowed in order
to qualify for a state rebate under section 1 is equal to the taxing authority's levy in 2006,
payable in 2007, multiplied by (1) one plus the percentage increase in the implicit price
deflator for state and local government consumption expenditures and gross investment,
prepared by the Bureau of Economic Analysis of the United States Department of
Commerce for the 12-month period ending March 31 of the previous year; and (2) one
plus the percentage increase, if any, in the population growth within that jurisdiction for
the most recently available calendar year as of July 1, 2007, as established by a population
estimate of the state demographer or the Metropolitan Council.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment.
new text end
Sec. 3. new text begin CERTIFICATION OF PROPOSED LEVIES.
new text end
new text begin
Counties, cities, and towns must certify proposed levies for taxes payable in 2008 by
September 1, 2007, notwithstanding the deadline specified in Minnesota Statutes 2006,
section 275.065, subdivision 1.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment.
new text end
Sec. 4. new text begin APPROPRIATIONS.
new text end
new text begin
(a) An amount necessary to fund the rebates authorized under section 1 is
appropriated from the general fund to the commissioner of revenue in fiscal year 2008.
new text end
new text begin
(b) $....... is appropriated to the commissioner of revenue from the general fund in
fiscal year 2008 to reimburse counties for all or part of the costs incurred by the counties
to administer this act.
new text end