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HF 834

Introduction - 91st Legislature (2019 - 2020)

Posted on 02/28/2019 11:53 p.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Line numbers 1.1 1.2 1.3 1.4 1.5
1.6 1.7 1.8 1.9 1.10 1.11

A bill for an act
relating to taxation; modifying definition of the Bond Allocation Act of a public
facilities project; amending Minnesota Statutes 2018, section 474A.02, subdivision
22b.

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

Section 1.

Minnesota Statutes 2018, section 474A.02, subdivision 22b, is amended to
read:


Subd. 22b.

Public facilities project.

"Public facilities project" means any publicly owned
facility, or new text begin a new text end facility deleted text begin owned by a nonprofit organizationdeleted text end that is used for district heating or
cooling, new text begin whether publicly or privately owned, new text end that is eligible to be financed with the proceeds
of public facilities bonds as defined under section 474A.02, subdivision 23a.