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MN SF3343
Bill
Status
Introduced
4/7/2010
Primary Sponsor
William Ingebrigtsen
Click for details
AI Summary
- Amends Minnesota Statutes section 469.3192 to allow amendments to business subsidy agreements under limited circumstances in job opportunity building zones
- Prohibits amendments that change job creation, job retention, or wage goals in agreements, except as authorized by the commissioner or section 469.3191
- Allows the commissioner to authorize one-year extensions to agreement timelines if a business met goals in 2008 but failed to meet them in 2009 due to economic or business conditions
- Applies only to businesses and local government units that are parties to qualifying business subsidy agreements
- Becomes effective the day following final enactment
Legislative Description
Job opportunity building zones (JOBZ) agreements amendment authorization
Last Action
Senate: Introduction and first reading
4/7/2010
Committee Referrals
Taxes4/7/2010
Full Bill Text
No bill text available