Minnesota HF4774 modifies tax reduction authority and removes certain restrictions for border city enterprise zones.

Minnesota HF4774 amends tax reduction authority by allowing border city enterprise zones to designate areas for tax reductions. The bill removes restrictions on tax reductions for border cities, including Breckenridge, Dilworth, East Grand Forks, and Moorhead. It also allows for tax reductions for construction materials and equipment purchases by fraternal or veterans' organizations and reimbursement of land acquisition costs for business expansion.

Minnesota HF4774 modifies tax reduction authority and removes certain restrictions for border city enterprise zones.

Minnesota HF4774 amends tax reduction authority by allowing border city enterprise zones to designate areas for tax reductions. The bill removes restrictions on tax reductions for border cities, including Breckenridge, Dilworth, East Grand Forks, and Moorhead. It also allows for tax reductions for construction materials and equipment purchases by fraternal or veterans' organizations and reimbursement of land acquisition costs for business expansion.