Authorizes a local sales and use tax in Austin, Minnesota, to fund specific projects and administrative costs.

The bill authorizes the city of Austin to impose a local sales and use tax of one-half of one percent. The tax revenue will be used to cover the costs of collecting and administering the tax, and to finance up to $28,400,000 for projects including land purchase, utility, site work, design services, and construction and maintenance. The city may issue bonds to finance these projects, and the tax can be terminated after 20 years or earlier if sufficient funds are collected. Any remaining funds after project completion will be placed in the city's general fund.

Authorizes a local sales and use tax in Austin, Minnesota, to fund specific projects and administrative costs.

The bill authorizes the city of Austin to impose a local sales and use tax of one-half of one percent. The tax revenue will be used to cover the costs of collecting and administering the tax, and to finance up to $28,400,000 for projects including land purchase, utility, site work, design services, and construction and maintenance. The city may issue bonds to finance these projects, and the tax can be terminated after 20 years or earlier if sufficient funds are collected. Any remaining funds after project completion will be placed in the city's general fund.