Bill

Bill > HF1016


MN HF1016

MN HF1016
Baldwin; base year formula aid provided.


summary

Introduced
02/17/2025
In Committee
02/17/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; local government aid; providing base year formula aid to the city of Baldwin.

AI Summary

This bill provides a specific adjustment to the base year formula aid calculation for the city of Baldwin, Minnesota, for the year 2026. Under the proposed legislation, the city's aid for 2025, which is used to calculate its aid payable in 2026, will be determined by multiplying an unspecified dollar amount by the city's population. The bill essentially creates a special provision that allows Baldwin to have its local government aid calculated differently for that specific year, with the effect being limited to aids payable in 2026 only. This type of legislation is sometimes used to address unique local financial circumstances or to provide temporary relief to a specific municipality. The bill does not specify the exact dollar amount that will be multiplied by the city's population, which suggests that the precise financial impact would be determined elsewhere or left to be filled in later in the legislative process.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

Hearing (10:15:00 4/8/2025 ) (on 04/08/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...