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MN HF4942
Bill
Status
3/14/2024
Primary Sponsor
Cheryl Youakim
Click for details
AI Summary
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Extends the five-year period under Minnesota Statutes section 469.1763, subdivision 3, to ten years for Tax Increment Financing District 72nd & France 2 in the city of Edina.
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Extends the period for use of increment after the five-year expiration to 11 years for Tax Increment Financing District 72nd & France 2.
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Allows the city of Edina or its housing and redevelopment authority to elect to extend the duration of Tax Increment Financing District 72nd & France 2 by five additional years.
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Extends the five-year period to ten years and the increment use period to 11 years for Tax Increment Financing District 70th & France in the city of Edina.
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Allows the city of Edina or its housing and redevelopment authority to elect to extend the duration of Tax Increment Financing District 70th & France by ten additional years.
Legislative Description
Edina; tax increment financing districts five-year rule extensions and duration extensions provided.
Last Action
Referred by Chair to Property Tax Division
3/18/2024