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HF 2632

as introduced - 88th Legislature (2013 - 2014) Posted on 03/03/2014 03:02pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Bill Text Versions

Engrossments
Introduction Posted on 03/03/2014

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10
1.11 1.12 1.13

A bill for an act
 relating to the city of Detroit Lakes; extending the time for approval of tax
increment financing districts under a special law; amending Laws 2006, chapter
259, article 10, section 13, subdivision 4.

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

Section 1.

Laws 2006, chapter 259, article 10, section 13, subdivision 4, is amended to
read:


Subd. 4.

Expiration.

The authority to approve tax increment financing plans to
establish a tax increment financing redevelopment district subject to this section expires
on December 31, deleted text begin 2014deleted text end new text begin 2016new text end .

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon approval of the governing body
of the city of Detroit Lakes and compliance with Minnesota Statutes, section 645.021,
subdivisions 2 and 3.
 new text end