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SF 2697

1st Engrossment - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - 1st Engrossment

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1.15

A bill for an act
 relating to economic development; including certain food service businesses in
the definition of a qualified business.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin QUALIFIED BUSINESS; SMALL DECLINING POPULATION
COUNTY.
new text end

new text begin Notwithstanding Minnesota Statutes, section 469.310, subdivision 11, paragraph
(f), a qualified business for purposes of Minnesota Statutes, section 469.310, subdivision
11, includes a food service business if the business is located solely in a qualified county,
and if the business began operations in January 2004, with employment of between 15
and 20 part-time and full-time employees. For the purpose of this section, a "qualified
county" is a county having an estimated population of less than 5,000 in 2004 and that
experienced a reduction in population of at least 7.5 percent between 2000 and 2004,
according to the state demographer.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end