summary
Introduced
01/19/2023
01/19/2023
In Committee
01/19/2023
01/19/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
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's Tax Increment Financing (TIF) District No. 13. It allows the city to use the TIF district's increments for the maintenance and upgrades of Central Park, which is deemed to be within the district's boundaries. Additionally, the bill enables the city to extend the duration of TIF District No. 13 by five years, subject to the compliance with the requirements of state law.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Hearing (08:30:00 3/29/2023 ) (on 03/29/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0474&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF474&version=0&session=ls93&session_year=2023&session_number=0&format=pdf |
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