Bill Text: MN HF1201 | 2013-2014 | 88th Legislature | Introduced
Bill Title: St. Cloud; tax increment financing district status clarified.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2013-03-04 - Introduction and first reading, referred to Taxes [HF1201 Detail]
Download: Minnesota-2013-HF1201-Introduced.html
1.2relating to the city of St. Cloud; clarifying the status of a tax increment financing
1.3district.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. ST. CLOUD; TAX INCREMENT FINANCING.
1.6 The request for certification of Tax Increment Financing District No. 2, commonly
1.7referred to as the Norwest District, in the city of St. Cloud is deemed to have been made
1.8on or after August 1, 1979, and before July 1, 1982. Revenues derived from tax increment
1.9for that district must be treated for purposes of any law as revenue of a tax increment
1.10financing district for which the request for certification was made during that time period.
1.11EFFECTIVE DATE.This section is effective upon approval by the governing
1.12body of the city of St. Cloud and compliance with Minnesota Statutes, section 645.021,
1.13subdivision 3.
1.3district.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. ST. CLOUD; TAX INCREMENT FINANCING.
1.6 The request for certification of Tax Increment Financing District No. 2, commonly
1.7referred to as the Norwest District, in the city of St. Cloud is deemed to have been made
1.8on or after August 1, 1979, and before July 1, 1982. Revenues derived from tax increment
1.9for that district must be treated for purposes of any law as revenue of a tax increment
1.10financing district for which the request for certification was made during that time period.
1.11EFFECTIVE DATE.This section is effective upon approval by the governing
1.12body of the city of St. Cloud and compliance with Minnesota Statutes, section 645.021,
1.13subdivision 3.
