Minnesota SF 4408: Capitol Complex county host program aid establishment and appropriation

Bill Text

1.1 A bill for an act​
1.2 relating to taxation; local government aids; establishing Capitol complex county​
1.3 host program aid; appropriating money; proposing coding for new law in Minnesota​
1.4 Statutes, chapter 477A.​
1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. [477A.41] CAPITOL COMPLEX COUNTY HOST PROGRAM.​
1.7 Beginning with aids payable in 2027, the commissioner of revenue shall pay to Ramsey​
1.8 County $5 per square foot of state-owned buildings located in the Capitol Area described​
1.9 in section 15B.02, paragraph (b). The purpose of the aid is to compensate Ramsey County​
1.10 for the loss of tax base and disproportionate impact of state ownership of buildings located​
1.11 in the Capitol Area. Aid payments under this section must be used to reduce current year​
1.12 property taxes levied on net tax capacity within the county. An amount sufficient to pay the​
1.13 aid under this section is annually appropriated from the general fund to the commissioner​
1.14 of revenue. The commissioner shall pay the aid annually at the times provided in section​
1.15 477A.015.​
1.16 EFFECTIVE DATE.This section is effective for aids payable in calendar year 2027​
1.17 and thereafter.​
1​Section 1.​
26-07509 as introduced​03/09/26 REVISOR MS/HL​
SENATE​
STATE OF MINNESOTA​
S.F. No. 4408​NINETY-FOURTH SESSION​
(SENATE AUTHORS: PAPPAS)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​6668​03/12/2026​
Referred to Taxes​