Loading chat...

MN SF3247

Bill

Status

Introduced

3/29/2016

Primary Sponsor

Kevin Dahle

Click for details

Origin

Senate

89th Legislature 2015-2016

AI Summary

  • Extends the five-year deadline for activities in the Riverfront Tax Increment Financing District in Northfield, Minnesota to July 12, 2019 instead of the standard five years from certification date under Minnesota Statutes section 469.1763, subdivision 3

  • Allows the City of Northfield to be considered in compliance with state TIF requirements if activities are undertaken prior to July 12, 2019

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

Legislative Description

Northfield tax increment financing (TIF) district five-year rule extension

Last Action

Referred to Taxes

3/29/2016

Committee Referrals

Taxes3/29/2016

Full Bill Text

No bill text available