The bill proposes an increase in aid payments to taxing jurisdictions in Mahnomen County, specifically addressing the financial impact of the Shooting Star Casino's trust conversion application. It amends existing legislation to raise the total aid appropriation from $1,200,000 to $1,800,000, with specific allocations for the county and local entities. The county of Mahnomen will receive $1,350,000, while the city will receive $240,000, and the school district will receive $210,000.
Additionally, the bill establishes that these changes will take effect for aids payable in the calendar year 2024 and thereafter. This adjustment aims to better compensate the affected jurisdictions for the loss of property tax revenue due to the casino's conversion.