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MN SF2970

Bill

Status

Introduced

3/4/2010

Primary Sponsor

Kathy Saltzman

Click for details

Origin

Senate

86th Legislature 2009-2010

AI Summary

  • Extends the activities deadline for Tax Increment Financing District No. 1-1 in the city of Landfall Village from five years to eight years from the date of district certification.

  • Modifies the requirement in Minnesota Statutes, section 469.1763, subdivision 3, to allow activities undertaken within eight years to satisfy the five-year rule.

  • Becomes effective upon the city of Landfall's compliance with Minnesota Statutes, section 645.021, subdivision 3.

Legislative Description

Landfall Village tax increment financing (TIF) district duration extension

Last Action

Senate: Introduction and first reading

3/4/2010

Committee Referrals

Taxes3/4/2010

Full Bill Text

No bill text available