Bill
Bill > HF3473
MN HF3473
MN HF3473Oak Park Heights; local sales and use tax imposition authorized, and use of other revenues authorized.
summary
Introduced
02/19/2026
02/19/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxation; sales and use; authorizing the city of Oak Park Heights to impose a local sales and use tax; authorizing use of certain other revenues.
AI Summary
This bill authorizes the city of Oak Park Heights to impose a local sales and use tax of one-half of one percent, but only if approved by voters in a general election. The revenues from this tax are specifically designated to cover the costs of collecting and administering the tax itself, and to finance $41,000,000 for water infrastructure projects, along with associated bonding costs. The city is also empowered to issue bonds, up to $41,000,000 plus issuance costs, to fund these water infrastructure improvements, with these bonds not counting towards the city's debt limitations and not requiring a separate bond approval election. The sales and use tax will automatically expire either 20 years after it is first imposed or when the city has collected enough revenue to cover the $41,000,000 water infrastructure costs and any related bonding expenses, though the city can choose to end the tax earlier.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Introduction and first reading, referred to Taxes (on 02/19/2026)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/3473/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3473/versions/0/pdf/ |
Loading...