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SF4751 • 2026

City of Fridley transfer tax increment extension authorization

City of Fridley transfer tax increment extension authorization

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Kunesh
Last action
2026-03-23
Official status
Introduction and first reading
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-03-23 House

    Introduction and first reading

Official Summary Text

City of Fridley transfer tax increment extension authorization

Current Bill Text

Read the full stored bill text
A bill for an act

relating to taxation; tax increment financing; extending the authority for the city

of Fridley to transfer tax increment; amending Laws 2023, chapter 64, article 8,

section 11, subdivision 5.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Laws 2023, chapter 64, article 8, section 11, subdivision 5, is amended to read:

Subd. 5.

Expiration.

The authority to make transfers under subdivision 1 expires

December 31,
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2027
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2031
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.

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EFFECTIVE DATE.

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This section is effective the day after the governing body of the

city of Fridley and its chief clerical officer comply with the requirements of Minnesota

Statutes, section 645.021, subdivisions 2 and 3.

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