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MN SF4466
Bill
Status
Introduced
3/4/2024
Primary Sponsor
Tou Xiong
Click for details
AI Summary
- Amends Minnesota Statutes 2022, section 462C.16, subdivision 1 to expand the definition of "local government" to include housing and redevelopment authorities.
- Allows housing and redevelopment authorities to establish local housing trust funds with dedicated sources of public revenue for housing purposes.
- Defines "local housing trust fund" as a fund established by a local government with one or more dedicated sources of public revenue for housing.
- Defines "regional housing trust fund" as a fund established and administered under a joint powers agreement by two or more local governments with dedicated housing revenue sources.
- Referred to the Senate Housing and Homelessness Prevention committee on March 4, 2024.
Legislative Description
Housing and redevelopment authorities establishment of local housing trust funds authorization
Last Action
Author added Pha
4/15/2024
Committee Referrals
State and Local Government and Veterans3/4/2024
Full Bill Text
No bill text available