|
Senate Counsel, Research and Fiscal Analysis
|
Minnesota Senate Bldg.
|
95 University Avenue W. Suite 3300
|
St. Paul, MN 55155
|
(651) 296-4791
|
Alexis C. Stangl
|
Director
|
|
|
Senate
|
State of Minnesota
|
|
|
|
|
|
|
|
S.F. No. 194 - Walker local option sales tax authorization
|
|
Author:
|
Senator Justin D. Eichorn
|
|
Prepared By:
|
Nora Pollock, Senate Counsel (651/297-8066)
|
|
Date:
|
March 15, 2017
|
|
|
|
|
This bill authorizes the city of Walker to impose a one and one-half percent sales tax to finance capital and administrative costs of underground, utility, street, curb, gutter, and sidewalk improvements in the city. The voters already approved the tax at the November 2012 general election. Allows the city to bond for up to $20 million for the projects without additional approval. The tax expires at the earlier of 20 years after the date of initial imposition or when the city council determines revenues from the tax are sufficient to pay for the improvements plus associated bond costs.
Effective the day after the city files its approval with the Secretary of State.
|
|
|
Check on the status of this bill
|
|
Back to Senate Counsel and Research Bill Summaries page
|
|
|
|
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
|
|
Last review or update: 03/15/2017
|
|
If you see any errors on this page, please e-mail us at
webmaster@senate.mn
|