as introduced - 88th Legislature (2013 - 2014) Posted on 03/03/2014 03:02pm
Engrossments | ||
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Introduction | Posted on 03/03/2014 |
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:
Laws 2006, chapter 259, article 10, section 13, subdivision 4, is amended to
read:
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
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