Capitol complex county host program aid established, and money appropriated.

This bill establishes a new state aid program that will provide Ramsey County with $5 per square foot of state-owned buildings in the Capitol Area, starting in 2027. The funding is intended to compensate the county for the loss of tax revenue caused by state property ownership and the disproportionate impact of these buildings on local property taxes. The money must be used specifically to reduce current year property taxes levied on net tax capacity within Ramsey County, with annual funding appropriated from the state's general fund. This measure directly affects Ramsey County residents and the state's property tax system by creating a new revenue transfer mechanism between state and local governments.