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MN SF1216

Bill

Status

Introduced

2/6/2023

Primary Sponsor

Aric Putnam

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Amends Minnesota Statutes 2022, section 469.174, subdivision 27, to modify the definition of "small city" for tax increment financing purposes.

  • Reduces the minimum distance requirement from 10 miles to 5 miles between a small city and a larger city with 10,000 or more population.

  • Maintains the population cap of 5,000 or less for cities qualifying as "small cities."

  • Distance between cities continues to be measured by drawing a straight line from the nearest boundaries of the two cities.

Legislative Description

Small city definition expansion relating to tax increment financing authorization

Last Action

Referred to Taxes

2/6/2023

Committee Referrals

Taxes2/6/2023

Full Bill Text

No bill text available