Minnesota HF2568 amends the responsible contractor law to include tax increment financing in the threshold determination for construction contracts.

Minnesota HF2568 amends the responsible contractor law by requiring tax increment financing to be included in determining whether a construction contract exceeds the $50,000 threshold. This change applies to publicly owned or financed projects awarded through a lowest responsible bidder or best value selection method. The bill ensures that tax increment financing is considered when assessing a contractor's eligibility for such contracts.

Minnesota HF2568 amends the responsible contractor law to include tax increment financing in the threshold determination for construction contracts.

Minnesota HF2568 amends the responsible contractor law by requiring tax increment financing to be included in determining whether a construction contract exceeds the $50,000 threshold. This change applies to publicly owned or financed projects awarded through a lowest responsible bidder or best value selection method. The bill ensures that tax increment financing is considered when assessing a contractor's eligibility for such contracts.