SF 3552

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/18/2026 10:03 a.m.

A bill for an act
relating to taxation; tax increment financing; authorizing special rules for the city
of Columbia Heights.

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

Section 1. new text begin CITY OF COLUMBIA HEIGHTS; ALATUS TAX INCREMENT
FINANCING DISTRICT; FIVE-YEAR RULE EXTENSION; SIX-YEAR RULE
EXTENSION; DURATION EXTENSION.
new text end

new text begin (a) The five-year period under Minnesota Statutes, section 469.1763, subdivision 3, is
extended to ten years and the period under Minnesota Statutes, section 469.1763, subdivision
4, relating to the use of increment after the expiration of the five-year period, is extended
to 11 years for the Alatus Tax Increment Financing District in the city of Columbia Heights.
new text end

new text begin (b) Notwithstanding Minnesota Statutes, section 469.176, subdivisions 1b and 1d, the
city of Columbia Heights or its economic development authority may elect to extend the
duration of the Alatus Tax Increment Financing District in the city of Columbia Heights by
five years.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin Paragraph (a) is effective the day after the governing body of the
city of Columbia Heights and its chief clerical officer comply with the requirements of
Minnesota Statutes, section 645.021, subdivisions 2 and 3. Paragraph (b) is effective upon
compliance by the governing bodies of the city of Columbia Heights, Anoka County, and
Independent School District No. 13 with the requirements of Minnesota Statutes, section
469.1782, subdivision 2.
new text end