1.1                          A bill for an act 
  1.2             relating to levies; allowing levies to exceed charter 
  1.3             limits as property tax aids decrease; proposing coding 
  1.4             for new law in Minnesota Statutes, chapter 275. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  [275.75] [CHARTER EXEMPTION FOR AID LOSS.] 
  1.7      Notwithstanding any other provision of a municipal charter 
  1.8   which limits ad valorem taxes to a lesser amount, or which would 
  1.9   require voter approval for any increase, a municipality may 
  1.10  increase its levy in any payable year by an amount equal to the 
  1.11  reduction in the amount of aid it is certified to receive under 
  1.12  sections 477A.011 to 477A.03 for that same payable year compared 
  1.13  to the amount certified in the previous year.  The levy increase 
  1.14  is a permanent increase in the municipality's levy authority. 
  1.15     <b>[EFFECTIVE DATE.]</b> This section is effective for aids levied 
  1.16  in calendar year 2003, payable in 2004, and thereafter.