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MN SF2926

Bill

Official Source

Status

Introduced

3/1/2010

Primary Sponsor

Tom Saxhaug

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Authorizes the authority operating tax increment financing districts No. 2-1 and No. 3-1 in the city of Cohasset to transfer tax increments to the city
  • Transfer amount limited to advances made by the city from its general fund for expenditures under Minnesota Statutes section 469.176, subdivision 4
  • Effective the day following final enactment, subject to approval by the governing body of the city of Cohasset
  • Requires compliance with Minnesota Statutes section 645.021, subdivision 3

Legislative Description

Cohasset tax increment usage for city repayment authorization

Last Action

Senate: Introduction and first reading

3/1/2010

Committee Referrals

Taxes3/1/2010

Full Bill Text

No bill text available