Plain English Breakdown
The plain English breakdown is still being put together. The official documents below are already here.
HF4643 • 2026
Hopkins; tax increment financing special rules authorized.
Hopkins; tax increment financing special rules authorized.
Taxes
Passed Legislature
This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.
Bill History
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2026-03-25
House
Introduction and first reading, referred to Taxes
Official Summary Text
Hopkins; tax increment financing special rules authorized.
Current Bill Text
Read the full stored bill text
A bill for an act relating to taxation; tax increment financing; authorizing special rules for the city of Hopkins. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: Section 1. new text begin CITY OF HOPKINS; TAX INCREMENT FINANCING DISTRICT 1-6 (325 BLAKE); FIVE-YEAR RULE EXTENSION; SIX-YEAR RULE EXTENSION. new text end new text begin The five-year period under Minnesota Statutes, section 469.1763, subdivision 3, is extended to ten years and the period under Minnesota Statutes, section 469.1763, subdivision 4, relating to the use of increment after the expiration of the five-year period, is extended to 11 years for Tax Increment Financing District 1-6 (325 Blake) in the city of Hopkins. new text end new text begin EFFECTIVE DATE. new text end new text begin This section is effective the day after the governing body of the city of Hopkins and its chief clerical officer comply with the requirements of Minnesota Statutes, section 645.021, subdivisions 2 and 3. new text end