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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 2216 - City of St. Paul; Tax Increment Financing
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Author:
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Senator Foung Hawj
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Prepared By:
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Eric S. Silvia, Senate Counsel (651/296-1771)
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Date:
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March 10, 2014
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S.F. 2216 modifies a 2008 special law that authorized the city of St. Paul to create a tax increment financing district. Under this proposal, the city may use tax increment to pay principal and interest on bond obligations issued in 2009 by the city for the RiverCentre Arena.
Effective without local approval.
ESS/tg
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Check on the status of this bill
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Back to Senate Counsel and Research Bill Summaries page
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Last review or update: 03/10/2014
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