MN HF3733

Maximum zone duration remains 12 years, with commissioner authority to specify shorter durations.

Extends tax incentive duration by three calendar years for ethanol plants with business subsidy agreements executed after April 30, 2006.

Extends tax incentive duration by five calendar years for properties in high-unemployment counties (10% or higher unemployment rate, or 10% above statewide average) with headquarters, research facilities, or energy-efficient manufacturing operations; agreements must be executed after July 1, 2009 and before July 1, 2011.

Extends tax incentive duration by five calendar years for properties with training facilities or renewable energy manufacturing operations in high-unemployment counties; agreements must be executed after July 1, 2010 and before July 1, 2012.

Section becomes effective the day following final enactment.