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H.C.R. No. 2, first engrossment: 83rd Legislative Session (2003-2004) Posted on March 17, 2003 

HCR0002-1 
  1.1                    A house concurrent resolution 
  1.2             relating to the adoption of revenue targets under 
  1.3             Minnesota Statutes 2002, section 16A.102, subdivision 
  1.4             2.  
  1.5      
  1.6      BE IT RESOLVED by the House of Representatives, the Senate 
  1.7   concurring, that the following revenue targets be adopted under 
  1.8   the requirements of Minnesota Statutes 2002, section 16A.102, 
  1.9   subdivision 2: 
  1.10                                Fiscal Years     Fiscal Years 
  1.11                               2004 and 2005    2006 and 2007  
  1.12  (1) the maximum share of                                    
  1.13  personal income to be 
  1.14  collected in taxes and 
  1.15  other revenues                15.6 percent     15.4 percent 
  1.16  (2) the division of the 
  1.17  share between 
  1.18  state services                  62 percent       62 percent 
  1.19  local services                  38 percent       38 percent 
  1.20  (3) the appropriate             This resolution assumes no  
  1.21  mix of rates                    change in the appropriate    
  1.22                                  mix and rates of state and  
  1.23                                  local taxes.