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MN HF1855

Bill

Official Source

Status

Introduced

3/4/2021

Primary Sponsor

John Heinrich

Click for details

Origin

House of Representatives

92nd Legislature 2021-2022

AI Summary

  • Extends the five-year rule deadline under Minnesota Statutes section 469.1763, subdivision 3, for Tax Increment Financing District No. 14 in Ramsey by an additional five years to November 28, 2026.

  • Allows required activities in the tax increment financing district to be undertaken within the extended timeframe rather than the standard five-year period from certification.

  • Becomes effective the day after the city of Ramsey's governing body and chief clerical officer comply with Minnesota Statutes section 645.021, subdivisions 2 and 3.

Legislative Description

Ramsey; tax increment financing five-year rule extended.

Last Action

Referred by Chair to Property Tax Division

3/8/2021

Committee Referrals

Property Tax3/8/2021
Taxes3/4/2021

Full Bill Text

No bill text available