Tax increment financing; special rules authorized for the city of Moorhead.

This bill extends time limits for tax increment financing (TIF) in Moorhead's District No. 31. It changes Minnesota law to allow the city a 10-year period (instead of 5) to use tax increment revenue for redevelopment projects, and extends the subsequent period for using that revenue to 11 years. The change directly affects Moorhead's city government and developers working within TIF District No. 31. This adjustment provides more time for the city to fund redevelopment projects using future tax growth within the designated district.