Minnesota HF1036 amends tax increment financing rules for the city of Ramsey, allowing certain activities to be undertaken within ten years and.

Minnesota HF1036 amends the tax increment financing rules for the city of Ramsey. It allows activities to be undertaken within ten years from the date of certification of a tax increment financing district, rather than the previously required five years. The bill exempts certain parcels from specific requirements and allows eligible expenditures to include costs related to the Northstar Transit Station and related infrastructure, land acquisition, and public improvements installed before the district's establishment.

Minnesota HF1036 amends tax increment financing rules for the city of Ramsey, allowing certain activities to be undertaken within ten years and.

Minnesota HF1036 amends the tax increment financing rules for the city of Ramsey. It allows activities to be undertaken within ten years from the date of certification of a tax increment financing district, rather than the previously required five years. The bill exempts certain parcels from specific requirements and allows eligible expenditures to include costs related to the Northstar Transit Station and related infrastructure, land acquisition, and public improvements installed before the district's establishment.