Providing for the designation of Minneapolis-St. Paul international +airport impact tax free zones by the commissioner of trade and economic +development (DTED) due to adverse environmental and socioeconomic impacts +associated with operation of the airport; defining certain terms; specifying certain +applicant development plan adoption and content requirements; limiting the size+ and duration of the zones and authorizing subzones; specifying certain +designation application content requirements, authorizing application by local +government units or joint powers boards; providing for commissioner designation +of the zones in consultation with the commissioner of revenue and the +director of the office of strategic and long range planning, specifying certain need +and success indicators for consideration by the commissioner for +designation purposes and providing a designation schedule; providing individual +income, corporate franchise, sales and use, motor vehicle sales and property +tax exemptions for qualified businesses and investments in qualified +businesses operating in the zones, requiring and providing for repayment under +certain termination conditions; specifying certain reporting requirements of +applicants receiving designation on progress in meeting the zone performance +goals under development plans, authorizing certain commissioner actions for +failure to meet the goals; exempting certain existing businesses from actions to +remove area from or to terminate a zone(ra)