summary
Introduced
01/31/2022
01/31/2022
In Committee
01/31/2022
01/31/2022
Crossed Over
Passed
Dead
05/23/2022
05/23/2022
Introduced Session
92nd Legislature 2021-2022
Bill Summary
A bill for an act relating to taxation; tax increment financing; providing special rules for the city of Woodbury.
AI Summary
This bill provides special rules for the city of Woodbury regarding its Tax Increment Financing (TIF) District No. 13. It allows the city to use the TIF district's increments for the maintenance and facility and infrastructure upgrades to Central Park, which are deemed to be activities within the district. The bill also allows the city to extend the duration of TIF District No. 13 by five years, subject to compliance with certain statutory requirements.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
House Property Tax Division (15:00 2/23/2022 ) (on 02/23/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2700&ssn=0&y=2021 | 01/25/2022 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF2700&version=0&session=ls92&session_year=2022&session_number=0&format=pdf | 01/25/2022 |
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