SF 3918

Introduction - 94th Legislature (2025 - 2026)

Posted on 02/27/2026 10:19 a.m.

A bill for an act
relating to taxation; tax increment financing; providing special tax increment
financing authority to the city of Chaska.

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

Section 1. new text begin CITY OF CHASKA; TAX INCREMENT FINANCING DISTRICT NO.
23.
new text end

new text begin Notwithstanding Minnesota Statutes, section 469.176, subdivision 1b, the Chaska
Economic Development Authority may collect tax increment from Chaska Tax Increment
Financing District No. 23 for up to 35 years after receipt of the first increment.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective upon compliance by the governing bodies
of the city of Chaska, Carver County, and Independent School District No. 112 with the
requirements of Minnesota Statutes, section 469.1782, subdivision 2.
new text end