Minnesota HF158 authorizes special rules for tax increment financing in the city of Eden Prairie.

Minnesota HF158 allows the economic development authority of the city of Eden Prairie or the city itself to establish up to two redevelopment districts within specific boundaries. These districts can utilize tax increment financing, with special rules deeming them to meet certain statutory requirements and exempting them from other regulations. The authority to approve such plans expires on December 31, 2026.

Minnesota HF158 authorizes special rules for tax increment financing in the city of Eden Prairie.

Minnesota HF158 allows the economic development authority of the city of Eden Prairie or the city itself to establish up to two redevelopment districts within specific boundaries. These districts can utilize tax increment financing, with special rules deeming them to meet certain statutory requirements and exempting them from other regulations. The authority to approve such plans expires on December 31, 2026.