SF4246

Purpose

• This bill extends the expiration date of the city of Little Falls' food and beverage tax. It changes the expiration timing so the tax authority lasts for 30 years after it first becomes effective.

Main Provisions

• Amends Laws 1996 chapter 471 article 2 section 30 subdivision 5 (as amended by Laws 2009 chapter 88 article 4 section 17 subdivision 5).
• Clearly states: The tax imposed under subdivision 1 expires 30 years after it first becomes effective on July 1, 2056.
• Implication of the provision: the expiration would occur on July 1, 2086 (30 years after the first effectiveness date of July 1, 2056).

Significant Changes

• Establishes a fixed expiration date tied to a future effective date, replacing or clarifying the previous expiration timing for the Little Falls food and beverage tax.
• Maintains the linkage to the specific local tax authority in laws cited (1996 and the amended 2009 provisions).

Effects and Scope

• Applies to the city of Little Falls’ local food and beverage tax.
• Affects local government budgeting and funding that rely on this tax revenue.
• Targets residents and businesses within Little Falls who pay or are affected by the tax.

Background and Context (brief)

• The bill references specific statutory sections and amendments that govern the local tax authority and its expiration.

Relevant Terms

• food and beverage tax
• Little Falls
• expiration
• taxing authority
• Subdivision 5
• Laws 1996 chapter 471 article 2 section 30
• Laws 2009 chapter 88 article 4 section 17 subdivision 5
• first becomes effective
• July 1, 2056
• July 1, 2086
• 30 years