Certain jurisdictions authorization to impose various taxes

Summary

The bill authorizes Hennepin County and any first‑class city in the Minneapolis‑St. Paul metropolitan area to impose a local sales and use tax of up to one percent and a local income or corporate franchise tax of up to one percent. These taxes can be enacted for limited time frames—up to 36 months for the sales tax and up to three consecutive calendar years for the income taxes—and must be collected by the state commissioner of revenue. Collected revenues go to the state general fund and are then allocated to the health commissioner for payments to a designated nonprofit trauma hospital in Minneapolis and for uncompensated care at other nonprofit hospitals in the eligible jurisdictions.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share