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MN SF582

MN SF582
Newly incorporated city base year formula aid authorization


summary

Introduced
02/02/2017
In Committee
02/02/2017
Crossed Over
Passed
Dead
05/20/2018

Introduced Session

90th Legislature 2017-2018

Bill Summary

Newly incorporated city base year formula aid authorization

AI Summary

This bill allows a newly incorporated city that first qualifies for aid under Minnesota Statutes, section 477A.013, subdivisions 8 and 9, in 2017 to have its 2016 formula aid deemed to be $115 multiplied by its population. This change is effective for aids payable in 2017, and the 2017 aid payment for a qualifying city will be recalculated and treated as an aid correction under Minnesota Statutes, section 477A.014, subdivision 3.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Author added Simonson (on 02/16/2017)

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