School district levy amounts made eligible for school building bond agricultural credit.
Introduction and first reading, referred to Taxes
Summary
The bill changes Minnesota law so that school districts can count certain levy amounts—those tied to specific debt‑service statutes and cooperative‑unit debt—as eligible for the school building bond agricultural credit. It applies to districts that levy for debt service and to cooperative units that certify a district’s share of debt. The change takes effect for taxes payable beginning in 2027.
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