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MN HF2886

Bill

Official Source

Status

Introduced

3/10/2014

Primary Sponsor

Joe Atkins

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Extends the five-year activity requirement for TIF District 2-5 in the city of Eagan to ten years from the date of district certification.

  • Modifies Minnesota Statutes section 469.1763, subdivision 3, specifically for this Eagan district to allow activities to be undertaken within a ten-year period instead of the standard five-year period.

  • Becomes effective upon the city of Eagan's compliance with Minnesota Statutes section 645.021, subdivisions 2 and 3.

Legislative Description

Eagan; tax increment financing district five year-rule extended.

Last Action

Referred by Chair to Property and Local Tax Division

3/11/2014

Committee Referrals

Property and Local Tax3/11/2014
Taxes3/10/2014

Full Bill Text

No bill text available