Authorizes special tax increment financing rules for Plymouth, Minnesota.

The bill allows the city of Plymouth to establish up to two redevelopment districts under special tax increment financing rules. These rules include deeming the district to meet certain requirements, exempting it from specific statutes, and extending time periods for using tax increments. The authority to approve such plans expires on December 31, 2031.

Authorizes special tax increment financing rules for Plymouth, Minnesota.

The bill allows the city of Plymouth to establish up to two redevelopment districts under special tax increment financing rules. These rules include deeming the district to meet certain requirements, exempting it from specific statutes, and extending time periods for using tax increments. The authority to approve such plans expires on December 31, 2031.