Search

Search bills, members, committees and pages...

Sign In

HF 4490

Minnesota House•In House Committee

Summary

HF 4490, “Mountain Lake tax increment financing special rules authorized”, was introduced in the House on Mar 18, 2026 by Rep. Joe Schomacker (R). It was referred to Taxes, and last saw action on Mar 18, 2026: Introduction and first reading, referred to Taxes.

Record

Text

HF 4490 has no co-sponsors and has not gone to a roll call.

hf4490/introduced.txt
03/10/26   REVISOR  MS/AD  26-07877
This Document can be made available
in alternative formats upon request  State of Minnesota
  HOUSE OF REPRESENTATIVES
  NINETY-FOURTH SESSION
  H. F. No.   4490
03/18/2026     Authored by Schomacker
  The bill was read for the first time and referred to the Committee on Taxes
A bill for an act
relating to taxation; tax increment financing; authorizing special rules for the city
of Mountain Lake; amending Laws 2021, First Special Session chapter 14, article
9, section 9.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. Laws 2021, First Special Session chapter 14, article 9, section 9, is amended
to read:
Sec. 9. CITY OF MOUNTAIN LAKE; TIF DISTRICT NO. 1-8; FIVE-YEAR RULE
EXTENSION.
(a) The requirement of Minnesota Statutes, section 469.1763, subdivision 3, that activities
must be undertaken within a five-year period from the date of certification of a tax increment
financing district, is extended by a five-year three-year period to April 1, 2029, for Tax
Increment Financing District No. 1-8, administered by the city of Mountain Lake or its
economic development authority.
(b) The requirement of Minnesota Statutes, section 469.1763, subdivision 4, relating to
the use of increment after the expiration of the five-year period under Minnesota Statutes,
section 469.1763, subdivision 3, is extended to the 11th 14th year for Tax Increment
Financing District No. 1-8.
EFFECTIVE DATE. This section is effective the day after the governing body of the
city of Mountain Lake and its chief clerical officer comply with the requirements of
Minnesota Statutes, section 645.021, subdivisions 2 and 3.
Section 1.  1

Mountain Lake tax increment financing special rules authorized.

Sponsors

Rep. Joe Schomacker (R) sponsors HF 4490 alone.

Joe Schomacker

Rep. · R–21A · Sponsor

Committees

HF 4490 went before 1 committee: Taxes.

Taxes
Taxes
Referred to · Mar 18, 2026 · 1,037 Bills

History

HF 4490 has taken 1 action since Mar 18, 2026.

ChamberAction
Mar 18, 2026
House
Introduction and first reading, referred to Taxes

Votes

HF 4490 has not gone to a roll call.

Source: revisor.mn.gov · legiscan.com