HF 1164

1st Engrossment - 87th Legislature (2011 - 2012) Posted on 05/02/2011 03:10pm

A bill for an act
relating to economic development; modifying JOBZ; amending Minnesota
Statutes 2010, section 469.312, subdivision 5.

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

Section 1.

Minnesota Statutes 2010, section 469.312, subdivision 5, is amended to read:

Subd. 5.

Duration limit.

(a) The maximum duration of a zone is 12 years. The
applicant may request a shorter duration. The commissioner may specify a shorter
duration, regardless of the requested duration.

(b) The duration limit under this subdivision and the duration of the zone for
purposes of allowance of tax incentives described in section 469.315 is extended by three
calendar years for each parcel of property that meets the following requirements:

(1) the qualified business operates an ethanol plant, as defined in section 41A.09, on
the site that includes the parcel; and

(2) the business subsidy agreement was executed after April 30, 2006.

(c) The duration limit under this subdivision and the duration of the zone for
purposes of allowance of tax incentives described in section 469.315 is extended by five
calendar years for each parcel of property that meets the following requirements:

(1) the parcel is located in a county with an unemployment rate that on the date that
the business subsidy agreement is executed (i) equals or exceeds ten percent or (ii) is ten
percent higher than the statewide average;

(2) the operations of the qualified business on the site include:

(i) its headquarters;

(ii) facilities for research and development; and

(iii) the manufacturing of products, used by the building, transport, consumer
products, and industrial products sectors, that reduce the use of or increase the efficiency
of the use of energy resources and that are manufactured using innovative and high
technology processes; and

(3) the business subsidy agreement is executed after July 1, 2009, and before July 1,
2011.

(d) The duration of a create automotive recovery zone is 12 years from the date of
the designation of a zone by the commissioner under section 469.314, subdivision 4,
paragraph (g).

(e) The duration limit under this subdivision and the duration of the zone for
purposes of allowance of tax incentives described in section 469.315 is extended by five
calendar years for each parcel of property that meets the following requirements:

(1) the parcel is located in a county with an unemployment rate for any of the 12
months preceding the date on which the business subsidy agreement is executed that (i)
equals or exceeds ten percent or (ii) is ten percent higher than the statewide average;

(2) the qualified business is engaged in the business of manufacturing wind turbines
and related products for the generation of energy, and the parcel includes one or more of
the following facilities of the qualified business:

(i) the headquarters of the business in this country;

(ii) training facilities; or

(iii) manufacturing facilities; and

(3) the initial business subsidy agreement is executed after July 1, 2010, and before
November 1, 2011.

new text begin (f) The duration limit under this subdivision and the duration of the zone for
purposes of allowance of tax incentives described in section 469.315 is extended by six
calendar years for each parcel of property that meets the following requirements:
new text end

new text begin (1) the parcel is located in a county with a median household income that on the
date that the business subsidy agreement is executed is at or below 80 percent of the
statewide average;
new text end

new text begin (2)(i) the qualified business is engaged in the business of manufacturing pet foods
and the parcel includes one or more of the following facilities of the qualified business:
new text end

new text begin (A) administrative offices;
new text end

new text begin (B) warehousing and distribution facilities;
new text end

new text begin (C) manufacturing facilities that are using innovative and state-of-the-art processes;
and
new text end

new text begin (D) capital investment of at least $22,000,000; or
new text end

new text begin (ii) the qualified business is engaged in the business of coating pre-manufactured
components to be used in assembly of various consumer and industrial products and the
parcel includes one or more of the following facilities of the qualified business:
new text end

new text begin (A) administrative offices;
new text end

new text begin (B) warehousing and distribution facilities;
new text end

new text begin (C) manufacturing facilities that are using innovative and state-of-the-art processes;
and
new text end

new text begin (D) capital investment of at least $9,000,000; and
new text end

new text begin (3) the business subsidy agreement is executed after April 1, 2011, and before July
1, 2013.
new text end

new text begin (g) The duration limit under this subdivision and the duration of the zone for
purposes of allowance of tax incentives described in section 469.315 is extended by five
calendar years for each parcel of property that meets the following requirements:
new text end

new text begin (1) the parcel is located in a county with a median household income that on the
date that the business subsidy agreement is executed is at or below 80 percent of the
statewide average;
new text end

new text begin (2) the qualified business is engaged in the business of manufacturing agricultural
equipment and the parcel includes one or more of the following facilities of the qualified
business:
new text end

new text begin (i) administrative offices;
new text end

new text begin (ii) warehousing and distribution facilities;
new text end

new text begin (iii) manufacturing facilities that are using innovative and state-of-the-art processes;
and
new text end

new text begin (iv) capital investment of at least $.......; and
new text end

new text begin (3) the business subsidy agreement is executed after April 1, 2011, and before July
1, 2013.
new text end