Section 477A.09 — Maximum Effort Loan Aid.
477A.09 MAXIMUM EFFORT LOAN AID. (a) For fiscal years 2018 to 2022, each school district with a maximum effort loan under sections 126C.61 to 126C.72, outstanding as of June 30, 2016, is eligible for an aid payment equal to one-fifth of the amount of interest that was paid on the loan between December 1, 1990, […]
Section 477A.10 — Natural Resources Land Payments In Lieu; Purpose.
477A.10 NATURAL RESOURCES LAND PAYMENTS IN LIEU; PURPOSE. The purposes of sections 477A.11 to 477A.14 and 477A.17 are: (1) to compensate local units of government for the loss of tax base from state ownership of land and the need to provide services for state land; (2) to address the disproportionate impact of state land ownership […]
Section 477A.11 — Natural Resources Lands, Payments In Lieu; Definitions.
477A.11 NATURAL RESOURCES LANDS, PAYMENTS IN LIEU; DEFINITIONS. Subdivision 1. Terms. For the purpose of sections 477A.11 to 477A.14, the terms defined in this section have the meanings given them. Subd. 2. Commissioner. “Commissioner” means the commissioner of natural resources. Subd. 3. Acquired natural resources land. “Acquired natural resources land” means: (1) land, other than […]
Section 477A.12 — Annual Appropriations; Lands Eligible; Certification Of Acreage.
477A.12 ANNUAL APPROPRIATIONS; LANDS ELIGIBLE; CERTIFICATION OF ACREAGE. Subdivision 1. Types of land; payments. The following amounts are annually appropriated to the commissioner of natural resources from the general fund for transfer to the commissioner of revenue. The commissioner of revenue shall pay the transferred funds to counties as required by sections 477A.11 to 477A.14. […]
Section 477A.13 — Time Of Payment, Deductions.
477A.13 TIME OF PAYMENT, DEDUCTIONS. Payments to the counties of the amounts determined under section 477A.12 must be made by the commissioner of revenue from the general fund at the time provided in section 477A.015 for the first installment of local government aid. History: 1979 c 303 art 8 s 3; 1Sp1981 c 3 s […]
Section 477A.14 — Use Of Funds.
477A.14 USE OF FUNDS. Subdivision 1. General distribution. Except as provided in subdivisions 2 and 3, 40 percent of the total payment to the county shall be deposited in the county general revenue fund to be used to provide property tax levy reduction. The remainder shall be distributed by the county in the following priority: […]
Section 477A.15 — Taconite Aid Reimbursement.
477A.15 TACONITE AID REIMBURSEMENT. Any school district in which is located property which had been entitled to a reduction of tax pursuant to Minnesota Statutes 1978, section 273.135, subdivision 2, clause (c), shall receive in 1981 and subsequent years an amount equal to the amount it received in 1980 pursuant to Minnesota Statutes 1978, section […]
Section 477A.16 — Utility Valuation Transition Aid.
477A.16 UTILITY VALUATION TRANSITION AID. Subdivision 1. Definitions. (a) When used in this section, the following terms have the meanings indicated in this subdivision. (b) “Local unit” means a home rule charter or statutory city, or a town. (c) “Old rule utility net tax capacity” means the net tax capacity of all public utility property […]
Section 477A.17 — Lake Vermilion-soudan Underground Mine State Park; Annual Payments.
477A.17 LAKE VERMILION-SOUDAN UNDERGROUND MINE STATE PARK; ANNUAL PAYMENTS. (a) Except as provided in paragraph (b), in lieu of the payment amount provided under section 477A.12, subdivision 1, clause (1), the county shall receive an annual payment for state-owned land within the boundary of Lake Vermilion-Soudan Underground Mine State Park, established in section 85.012, subdivision […]
Section 477A.18 — Production Property Transition Aid.
477A.18 PRODUCTION PROPERTY TRANSITION AID. Subdivision 1. Definitions. (a) When used in this section, the following terms have the meanings indicated in this subdivision. (b) “Local unit” means a home rule charter or statutory city, or a town. (c) “Net tax capacity differential” means the positive difference, if any, by which the local unit’s net […]