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MN HF514

Bill

Official Source

Status

Introduced

1/18/2023

Primary Sponsor

Dave Lislegard

Click for details

Origin

House of Representatives

93rd Legislature 2023-2024

AI Summary

  • Exempts the city of Virginia from state net debt limits for financing a public safety building construction project
  • Allows the city to obtain a loan from the United States Department of Agriculture secured by its general obligation pledge
  • Excludes any bonds issued for the construction project or loan repayment from the city's net debt limit calculation under Minnesota Statutes, section 475.53, subdivision 1
  • Takes effect the day following final enactment

Legislative Description

Virginia; city exempted from net debt limit.

Last Action

Referred by Chair to Property Tax Division

2/4/2023

Committee Referrals

Property Tax2/4/2023
Taxes1/18/2023

Full Bill Text

No bill text available