SF2935 - Minnesota: Omnibus technical corrections tax bill

Relating to taxation ARTICLE 1 - AIDS TO LOCAL GOVERNMENTS Increasing the city aid base for the city of Mahnomen; modifying the city aid formula; modifying city aid distribution calculations; modifying Mahnomen county, city and school district property tax reimbursements, tax base adjustments and tax base adjustments for calculation of school district aids and levies; requiring the commissioner of revenue to compute the adjusted net tax capacity and referendum market value for tax base adjustments for the calculation of school district and county, city and town aids and levies for utility property ARTICLE 2 - PROPERTY TAXES Allowing towns incorporating into cities to continue to receive payment in lieu of tax allocations for public hunting areas; requiring the assessment/sales ratio study to take into account the changes in the use of the property; authorizing utilities to recover [...]

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