The bill amends Minnesota Statutes 2022, section 103D.905, subdivision 3, to increase the maximum amount of a watershed district's general fund tax levy. Specifically, it raises the limit from 0.048 to 0.096 and increases the maximum allowable levy from $250,000 to $500,000. The funds collected will continue to be used for general administrative expenses and for the construction, implementation, and maintenance of projects that benefit the watershed district. Additionally, the bill allows for an annual levy for the general fund as outlined in section 103D.911 and permits a separate tax levy for basic water management features of projects initiated by local political subdivisions or resident petitions.

Furthermore, the bill includes a provision stating that the changes will take effect for taxable years beginning after December 31, 2023. This adjustment aims to provide watershed districts with greater financial resources to manage and maintain essential environmental projects effectively.

Statutes affected:
Introduction: 103D.905
1st Engrossment: 103D.905
1st Engrossment: 103D.905