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MN SF2573

Bill

Status

Introduced

3/12/2014

Primary Sponsor

James Metzen

Click for details

Origin

Senate

88th Legislature 2013-2014

AI Summary

  • Extends the five-year activity requirement under Minnesota Statutes section 469.1763, subdivision 3, to ten years for TIF District 2-5 in the city of Eagan
  • Allows activities in the district to be undertaken within ten years from the date of certification 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 (TIF) district five-year rule extension authorization

Last Action

Referred to Taxes

3/12/2014

Committee Referrals

Taxes3/12/2014

Full Bill Text

No bill text available