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MN SF4551

Bill

Status

Introduced

5/4/2020

Primary Sponsor

Jim Abeler

Click for details

Origin

Senate

91st Legislature 2019-2020

AI Summary

  • Extends the five-year deadline for undertaking activities in Tax Increment Financing District No. 14 administered by the city of Ramsey by an additional five years to November 28, 2026

  • Modifies Minnesota Statutes section 469.1763, subdivision 3, which normally requires activities to be undertaken within five years from the date of district certification

  • Becomes effective the day after the city of Ramsey's governing body and chief clerical officer comply with Minnesota Statutes section 645.021

Legislative Description

Ramsey tax increment financing (TIF) district five year rule extension

Last Action

Referred to Taxes

5/4/2020

Committee Referrals

Taxes5/4/2020

Full Bill Text

No bill text available