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MN HF2954

Bill

Official Source

Status

Introduced

3/12/2014

Primary Sponsor

Rod Hamilton

Click for details

Origin

House of Representatives

88th Legislature 2013-2014

AI Summary

  • Removes the $50,000 annual appropriation cap on municipal contributions to regional or local development organizations
  • Allows home rule cities, statutory cities, and towns to appropriate unlimited funds from their general revenue fund for economic development purposes
  • Permits contributions to incorporated development societies or organizations within Minnesota that promote, advertise, improve, or develop economic and agricultural resources
  • Amends Minnesota Statutes 2012, section 469.191

Legislative Description

Municipal appropriation cap removed on contributions to regional or local organizations.

Last Action

Introduction and first reading, referred to Jobs and Economic Development Finance and Policy

3/12/2014

Committee Referrals

Jobs and Economic Development Finance and Policy3/12/2014

Full Bill Text

No bill text available