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Bl... <br />HOl.frE IR CfiUCUS ID:JUL 16 8:04 Mo.004 P.Ol <br />Conference Coiniuiilcc Report <br />Scclion <br />5 <br />May 18. 1993 <br />Pace 21 <br />liiriiiCioii adjustment. Provider that bcj;inninc wirli pro^Kity tax refunds ptiyable in <br />calendar year 1995 the coniinissiuiicr xliall annually ndju.^l the dollar uir.oimis of the <br />income ihrcsliold' and the maxiiniim refund amount for Lnllalion. Tl»c dctcnninntion of <br />the coinmissuinc. under tins subdivision is not a rule under the Adiuinisu'ativc <br />Proealmes Act. <br />Kciitcrs’ property tax icfuiid and (ari^etiiig. Transfers funding for largcfing from tiic <br />General Fund to the Local Government Trust l‘und. Transfers largciing effective in <br />fiscal year 1994, and the rciners* property lax refund in fiscal year 1997. <br />Increased TFR for renters, 1995. Provides increased propeny Lax refunds for renters, <br />if the receipts of die local government trust fund nre csiimatcrl to exceed authorized <br />spending (or fiscal year 1995. The commissioner of fin.incc is directed to csiimaic uust <br />fund rcccipis for fiscal year 1995 by July 1, 1994. If dte estimated receipts exceed the <br />amounts appropriated f’om ihc trust furid. the lirrd S3 luillion will be used to <br />propuruonaicly increase piopcny tax refunds to rcnicrs. Instructs the department to add <br />any propniiionatc incicasc to the regular propcity tax refund, so (hat only one check is <br />issued per recipient. If any additional refunds arc made under this scclion. the <br />ebnunissioner of revenue is directed to rccoiiuncnd inodificaiions to the property tax <br />refund schedule to make (he increase permanent. <br />Effective dates. <br />Article 7 <br />Triilli In Taxation and Levy Limit Technical <br />Lake Minnetonka conservation district levy limit. Provides that the levy limitation <br />for the L.'ikc Mmncinnka conservauon disinci shall not exceed an amount equal lo <br />.UU242 percent of the total taxable maikci value of the district, unless 3/4 of the <br />municipalities pass a rcsoluiiuii concurring lo the additional costs. <br />Regional public library dislricl definilion. Defines the term *’icgionaJ public library <br />chsiricl" ns a goveinmental unit fonned lo (>pernic multicouily public library services. <br />Regional library district. <br />Subdivision I '^(atiiishiiipiit. Authorizes the csiablishmcm of two regional <br />public library disuuMs: one in the area of the existing Grcai River regional library <br />system and a second in the area of the East Central regional library system. <br />Subd. 2. Forinatiun. Describes the procedure and method for establislilng the <br />icgionaJ public library district llirous;h (1) an approval of a majority of the city councils <br />Rese Mch Depaiimoni Minnesota House of Reprosenlatives GOO Slate Otttce Building