Minnesota HF3193 allows tax increment financing authorities to halt payments if a developer, contractor, or subcontractor violates state or municipal.

Minnesota HF3193 provides tax increment financing authorities the power to stop payments to developers, property owners, or note holders if a labor law violation is found. The bill mandates a public hearing and published notice before any finding of a labor law violation. Developers, property owners, or note holders can object to the finding before it is adopted. If a violation is found, the authority can stop payments regardless of any existing contracts or agreements. Affected parties can challenge the decision in district court within 30 days.

Minnesota HF3193 allows tax increment financing authorities to halt payments if a developer, contractor, or subcontractor violates state or municipal.

Minnesota HF3193 provides tax increment financing authorities the power to stop payments to developers, property owners, or note holders if a labor law violation is found. The bill mandates a public hearing and published notice before any finding of a labor law violation. Developers, property owners, or note holders can object to the finding before it is adopted. If a violation is found, the authority can stop payments regardless of any existing contracts or agreements. Affected parties can challenge the decision in district court within 30 days.