Office of the Revisor of Statutes
HF 2889
Introduction - 94th Legislature (2025 - 2026)
Posted on 03/27/2025 02:45 p.m.
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A bill for an act
relating to taxation; local sales and use; extending the duration of the Hermantown
local sales and use tax; amending Laws 1996, chapter 471, article 2, section 29,
subdivision 4, as amended.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Laws 1996, chapter 471, article 2, section 29, subdivision 4, as amended by
Laws 2006, chapter 259, article 3, section 4, and Laws 2017, First Special Session chapter
1, article 5, section 7, is amended to read:
Subd. 4.
Termination.
The tax authorized under this section terminates at the earlier of
(1) December 31, deleted text begin 2036deleted text end new text begin 2046new text end , or (2) when the Hermantown City Council first determines
that sufficient funds have been received from the tax to fund the costs, including bonds and
associated bond costs for the uses specified in subdivision 1. Any funds remaining after
completion of the improvements and retirement or redemption of the bonds may be placed
in the general fund of the city.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective the day following final enactment without
local approval pursuant to Minnesota Statutes, section 645.023, subdivision 1.
new text end