MN HF3431

Removes the existing limitation on Minneapolis local special taxes by amending Laws 1986, chapter 396, section 5, extending the authorization period to January 1, 2047.

Authorizes Minneapolis to levy up to three percent sales tax on retail on-sales of intoxicating liquor and fermented malt beverages at licensed establishments in the downtown taxing area.

Authorizes Minneapolis to levy up to three percent sales tax on lodging for periods less than 30 days at hotels or motels with more than 50 rooms, subject to a combined 13 percent total tax cap when added to other lodging taxes.

Authorizes Minneapolis to levy up to three percent sales tax on food sales by restaurants and places of refreshment in the downtown taxing area for consumption on or off premises.

Becomes effective for sales and purchases made after June 30, 2018, with tax revenues directed to finance purposes under Minnesota Statutes section 297A.994 and bond payments related to downtown development.