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MN SF306

MN SF306
Sparsity factor in the city aid taxation formula modification


summary

Introduced
01/17/2023
In Committee
01/17/2023
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to taxation; local government aid; modifying the sparsity factor in the city aid formula; amending Minnesota Statutes 2022, section 477A.011, subdivision 45.

AI Summary

This bill modifies the sparsity factor in the city aid formula for Minnesota. Specifically, it sets the sparsity adjustment to 200 for cities with a population of 10,000 or more and an average population density less than 150 per square mile, as well as for cities with a population less than 10,000 and an average population density less than 30 per square mile. The changes are effective for aids payable in calendar year 2024 and thereafter.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Author added Hauschild (on 03/13/2023)

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