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MN HF3311
Bill
Status
Introduced
3/27/2014
Primary Sponsor
Bob Gunther
Click for details
AI Summary
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Increases the limitation on property tax abatements for the city of Jackson by allowing the greater of either 10 percent of the city's net tax capacity or $300,000 in any given year.
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Overrides the standard limitation provisions in Minnesota Statutes, section 469.1813, subdivision 8, for this specific municipality.
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Applies to tax years payable from 2015 through 2025.
Legislative Description
Jackson; abatement limitation increased.
Last Action
Introduction and first reading, referred to Taxes
3/27/2014
Committee Referrals
Taxes3/27/2014
Full Bill Text
No bill text available