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MN HF428
Bill
Status
1/17/2023
Primary Sponsor
Mary Clardy
Click for details
AI Summary
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Authorizes the economic development authority or city of West Saint Paul to establish one or more redevelopment tax increment financing (TIF) districts for six specifically identified parcels in Dakota County, Minnesota, plus adjacent roads and rights-of-way.
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Deems the established districts to automatically meet all requirements of Minnesota Statutes section 469.174, subdivision 10, without further compliance procedures.
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Deems expenditures for property development to automatically meet requirements of Minnesota Statutes section 469.176, subdivision 4j, eliminating standard approval requirements.
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Becomes effective the day after the governing body of West Saint Paul and its chief clerical officer comply with Minnesota Statutes section 645.021, subdivisions 2 and 3.
Legislative Description
West St. Paul; tax increment financing provisions modified, and special rules authorized.
Last Action
Referred by Chair to Property Tax Division
3/13/2023