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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 1618 - Levy Limits; Removing Inclusion of Wind Energy Production Tax
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Author:
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Senator Doug Magnus
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Prepared By:
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Eric S. Silvia, Senate Counsel (651/296-1771)
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Date:
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March 28, 2012
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Section 1 removes the wind energy production tax from the levy aid base used in calculating levy limits.
Section 2 removes the wind energy production tax deduction used to calculate the final levy limit.
This section is effective for taxes levied in calendar year 2012 and thereafter if levy limits are in effect.
ESS:dv
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Check on the status of this bill
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Last review or update: 03/28/2012
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