MN HF2382

Allows Duluth to impose an additional sales tax of up to one-half of one percent on sales transactions to finance capital improvements, increasing the bond amount from $18,000,000 to $54,000,000.

Tax expires when revenue from the new tax combined with existing taxes produces sufficient funds to pay debt service on bonds for tourism, recreational activities, and sports tourism facilities in western Duluth and areas south of Skyline Parkway.

Authorizes Duluth to issue up to $18,000,000 in general obligation bonds plus issuance costs to finance capital improvements to public facilities supporting tourism and recreational activities.

Increases hotel and motel tax authority by raising the principal bond amount from $18,000,000 to $54,000,000 to finance capital improvements to tourism, recreational, and parks-based athletic facilities.

Allows tax imposition by city ordinance without requiring voter referendum under state law or city charter provisions; effective upon compliance with Minnesota Statutes section 645.021.