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MN HF4268
Bill
Status
3/28/2018
Primary Sponsor
Pat Garofalo
Click for details
AI Summary
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Amends Minnesota Statutes 2016, section 474A.02, subdivision 22b to modify the definition of "public facilities project"
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Expands definition to include facilities owned by nonprofit organizations that are used for district heating or cooling, whether publicly or privately owned
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Removes the requirement that nonprofit-owned facilities be limited only to public ownership, allowing privately owned district heating or cooling facilities to qualify
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Allows these expanded categories of facilities to be eligible for financing with proceeds of public facilities bonds as defined under section 474A.02, subdivision 23a
Legislative Description
Bond Allocation Act definition of a public facilities project modified.
Last Action
Referred by Chair to Property Tax and Local Government Finance Division
4/2/2018