MN HF2993

Prohibits construction of a new National Football stadium from being funded by any tax imposed by Hennepin County.

Voids any provision in stadium authorization laws that require new taxes or diversion of existing taxes in Hennepin County as backup revenue sources.

Replaces voided Hennepin County tax provisions with a requirement that Cook County and 19 specified Minnesota cities (including St. Paul Park, Rochester, Moorhead, and others) contribute a portion of their property tax revenues as backup funding instead.

Limits each jurisdiction's property tax contribution to the same percentage of its adjusted net tax capacity, with county auditors calculating and remitting allocated revenues to the commissioner of management and budget.

Takes effect the day following final enactment.