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1 C <br />Sales Tax on Local sf 46 Sen. Taxes Roeer <br /> <br />Government Purchases -- Reiter, Peterson <br />Second <br />~ Mady <br /> <br />Policies: - January 17, 2003 <br />support <br /> Exempts local government purchases <br />- from the state sales tax. <br />l I h_f 11. R_ep. Taxes Limited Market Value -- Royer <br /> M..ull.ery, January 12, 2003 Peterson <br />Secondary Joe <br />This bill would repeal the six year <br />Policies: - phase out of Limited Market Value monitor <br />- (LMV) that was passed as part of the <br /> 2001 tax reforms, but would allow <br /> LMV to sunset completely after <br /> assessment year 2008. <br />11 Limited Market Value -- sf 103.. Sen. Tax Roger <br /> January 23 <br />2003 Cohen, Committee peterson <br />Secondary , <br />This bill would eliminate the six-year Richard <br />Policies: - phase out of limited market value that oppose <br />- was part of the 2001 property tax <br /> reforms and make limited market <br /> value permanent. <br />1Z hf 3 Rep... Jobs & Econ. <br />Tax Free Zones --January lo, Kristine. <br /> Ma us Dev. Finance 2003 Lyndon <br />Secondary Doug Committee <br />This bill, which is based on one of the Wilson <br />Policies: - Governor's campaign issues, would <br />- allow local governments in Greater monitor <br /> MN to apply to the Commissioner of <br /> DTED to establish tax free zones. <br /> Metro cities would not be eligible. <br />1Z hf 74 Rep. Ways and 2003 Budget Shortfall sf 79 Sen. Passed Reeer <br />* Knoblach . Means <br />ReCO1lClhatlOn --January 23 Cohen <br />- --- ' <br />R Senate <br />Peterson <br />Secondary Jim <br />- , ichard <br />Policies: - 2003 <br />Emergency Supplemental Budget monitor <br />- bill for FY2003. <br /> The bill, as introduced, provides for <br /> budget cuts as proposed by Governor <br /> Pawlenty to resolve the $356M state <br /> budget shortfall for the current <br /> biennium. The Senate Finance <br /> Committee on Friday (1/17/03) made <br /> a number of changes to reflect Senate <br /> priorities. The House will take up the <br /> bill starting Tuesday (1/21/03). <br /> To date, neither the Governor nor the <br /> Senate have made direct cuts to cities, <br /> but some grant funds have been <br /> curtailed which may have some <br /> impact. <br /> In the area of transportation, the <br /> Governor and Senate agreed to use <br /> highway bonds to refinance $130 <br /> million in general fund cash for <br /> highways and sell the state plane for <br /> $750,000. The Senate bill does not <br /> include the Governor's proposals to <br /> cut $2.6M from Metro Transit, $2.1M <br /> from the Central Corridor Transitway, <br />----r -.. .......-------•--o• ------- --r---•----- - -~ --. -- -- <br />