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MN SF4056

Bill

Official Source

Status

Introduced

5/2/2018

Primary Sponsor

Jim Abeler

Click for details

Origin

Senate

90th Legislature 2017-2018

AI Summary

  • Authorizes the city of Anoka to enlarge the geographic area of the Greens of Anoka tax increment financing (TIF) district
  • Allows the expansion period to extend up to eight years following the date of certification of the original net tax capacity by the county auditor
  • Provides an exception to Minnesota Statutes section 469.175, subdivision 4, paragraph (f), which normally limits TIF district expansions
  • Becomes effective the day following final enactment without requiring local voter approval

Legislative Description

Anoka tax increment finance district (TIF) expansion authorization

Last Action

Referred to Taxes

5/2/2018

Committee Referrals

Taxes5/2/2018

Full Bill Text

No bill text available