Minnesota Legislature
HF 4210
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Bill Text Versions
| Engrossments | ||
|---|---|---|
| Introduction | Posted on 04/23/2008 |
Current Version - as introduced
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A bill for an act
relating to taxation; increasing area of homeless TIF district in Minneapolis;
amending Laws 2006, chapter 259, article 10, section 14, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section. 1.
Laws 2006, chapter 259, article 10, section 14, subdivision 1, is amended to
read:
Subdivision 1.
Definitions.
(a) "City" means the city of Minneapolis.
(b) "Homeless assistance tax increment district" means a contiguous area of the
city that:
(1) is no larger than deleted text begin sixdeleted text end new text begin eightnew text end acres;
(2) is located within the boundaries of a city municipal development district; and
(3) contains at least two shelters for homeless persons that have been owned or
operated by nonprofit corporations that (i) are qualified charitable organizations under
section 501(c)(3) of the United States Internal Revenue Code, (ii) have operated such
homeless facilities within the district for at least five years, and (iii) have been recipients
of emergency services grants under Minnesota Statutes, section 256E.36.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective upon compliance by the city of
Minneapolis with Minnesota Statutes, section 645.021.
new text end