Authorizes special tax increment financing rules for Columbia Heights, extending certain periods.

The bill allows the city of Columbia Heights to extend the duration of its Alatus Tax Increment Financing District. It extends the five-year period to ten years and the six-year period to eleven years. This change applies after the city and county meet specific statutory requirements.

Authorizes special tax increment financing rules for Columbia Heights, extending certain periods.

The bill allows the city of Columbia Heights to extend the duration of its Alatus Tax Increment Financing District. It extends the five-year period to ten years and the six-year period to eleven years. This change applies after the city and county meet specific statutory requirements.