Capitol Complex county host program aid establishment and appropriation

This bill establishes a new financial aid program for Ramsey County to compensate it for the economic impact of state-owned buildings in the Capitol Area. Starting in 2027, the state will pay Ramsey County $5 per square foot of these buildings to offset the loss of local tax revenue and the disproportionate burden of state property ownership. The funds must be used to reduce current property taxes within the county, and the money will come from the state's general fund. This measure directly affects Ramsey County residents and the state's budget process by creating a new annual appropriation and payment schedule.