HF 1416

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to tax increment financing; changing the 
  1.3             effective date of a provision allowing certain parcels 
  1.4             to be included in certain tax increment financing 
  1.5             districts; amending Laws 1998, chapter 389, article 
  1.6             11, section 29. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Laws 1998, chapter 389, article 11, section 29, 
  1.9   is amended to read: 
  1.10     Sec. 29.  [EFFECTIVE DATE.] 
  1.11     Sections 1, 5, and 7 apply to tax increment financing 
  1.12  districts certified on, before, and after August 1, 1979. 
  1.13     Sections 2, 3, 4, and 8 are effective for disclosures 
  1.14  required to be made and reports required to be submitted 
  1.15  beginning in 1999. 
  1.16     Section 6 is effective for tax increment financing 
  1.17  districts for which the request for certification is was made 
  1.18  after April 30, 1998 August 1, 1996. 
  1.19     Section 9 is effective the day following final enactment 
  1.20  and applies to tax increment financing districts certified on, 
  1.21  before, and after August 1, 1979. 
  1.22     Section 10 is effective beginning for taxes payable in 1999.
  1.23     Section 11 is effective upon compliance by Itasca county 
  1.24  with Minnesota Statutes, section 645.021, subdivision 3. 
  1.25     Section 12 is effective upon compliance by Koochiching 
  1.26  county with Minnesota Statutes, section 645.021, subdivision 3. 
  2.1      Sec. 2.  [EFFECTIVE DATE.] 
  2.2      Section 1 is effective the day following final enactment.