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HF 2192

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to the city of Brooklyn Center; expanding the permitted uses of
increments of a tax increment financing district; amending Laws 1994, chapter
587, article 9, section 14, subdivision 2.

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

Section 1.

Laws 1994, chapter 587, article 9, section 14, subdivision 2, is amended to
read:


Subd. 2.

Eligible activities.

The authority must identify in the plan the housing
activities that will be assisted by the housing development account. Housing activities
may include rehabilitation, acquisition, new text begin construction, new text end demolition, and financing of new or
existing single family or multifamily housing. Housing activities listed in the plan need
not be located within the district or project area but must be activities that meet the new text begin income
new text end requirements deleted text begin of a qualified housing districtdeleted text end under Minnesota Statutes, section deleted text begin 273.1399 ordeleted text end
469.1761deleted text begin , subdivision 2deleted 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