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MN HF3654

Bill

Official Source

Status

Introduced

3/29/2016

Primary Sponsor

David Bly

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Extends the five-year deadline for activities in the Riverfront Tax Increment Financing District in Northfield from the standard requirement under Minnesota Statutes section 469.1763, subdivision 3

  • Allows activities to be undertaken prior to July 12, 2019 to meet the five-year period requirement

  • Becomes effective the day after the City of Northfield's governing body and chief clerical officer comply with Minnesota Statutes section 645.021, subdivisions 2 and 3

Legislative Description

Northfield; five-year rule of a tax increment financing district extended.

Last Action

Referred by Chair to Property Tax and Local Government Finance Division

4/1/2016

Committee Referrals

Property Tax and Local Government Finance4/1/2016
Taxes3/29/2016

Full Bill Text

No bill text available