Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4670: Certain school district lease levy amounts eligibility for the school building bond agricultural credit authorization provision
Status: In committee, March 23, 2026
What the bill says
A bill for an act relating to taxation; making certain school district lease levy amounts eligible for the school building bond agricultural credit; amending Minnesota Statutes 2024, section 275.07, subdivision 2.
From the introduced text, March 18, 2026:
A bill for an act relating to taxation; making certain school district lease levy amounts eligible for the school building bond agricultural credit; amending Minnesota Statutes 2024, section 275.07, subdivision 2. Section 1. Minnesota Statutes 2024, section 275.07, subdivision 2, is amended to read: Subd. 2. School district levies; special requirements. (a) In school districts lying in more than one county, the clerk shall certify the tax levied to the auditor of the county in which the administrative offices of the school district are located. (b) The district must identify the portion of the school district levy that is levied for debt service at the time the levy is certified under this section. deleted text begin For the purposes of this paragraph, "levied for debt service" meansdeleted text end new text begin [ADDED: The portion equals: (1) the] new text end levies authorized under sections 123B.53, 123B.535, and 123B.55, as adjusted by sections 126C.46 and 126C.48, net of any debt excess levy reductions under section 475.61, subdivision 4, excluding debt service amounts necessary for repayment of other postemployment benefits under section 475.52, subdivision 6new text begin [ and (2) the levy authorized under section 126C.40 that is assessed and certified by a cooperative unit to the district as the district's proportionate share attributable to debt issued by the cooperative unit] …
Sponsors
- Bill Weber (R) · primary sponsor
- Rob Kupec (D)
- Rarick, Jason (R, 11)
Latest actions
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF4670?
- SF4670 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Certain school district lease levy amounts eligibility for the school building bond agricultural credit authorization provision.
- What does SF4670 do?
- In its own words: A bill for an act relating to taxation; making certain school district lease levy amounts eligible for the school building bond agricultural credit; amending Minnesota Statutes 2024, section 275.07, subdivision 2.
- What is the status of SF4670?
- In committee as of March 23, 2026. Latest action: Referred to Taxes (March 23, 2026).
- Who sponsored SF4670?
- Bill Weber (R), with 2 co-sponsors.
- Where is the official record for SF4670?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4670&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.