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S.F. No. 2231 - Equalized debt service levy modification
 
Author: Senator Kevin L. Dahle
 
Prepared By: Bjorn E. Arneson, Senate Analyst (651/296-3812)
 
Date: March 31, 2016



 

Section 1. Equalized debt service levy. Modifies the calculation of equalized debt service levies. Provides that the equalizing factors for first and second tier equalized debt services levies annually adjust for changes in the total statewide adjusted net tax capacity per pupil unit.

Effective date: makes this section effective for taxes payable in 2017 and later.

 
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