St. Cloud; special tax increment financing rules authorized.
This bill extends deadlines for the Cooper Avenue Redevelopment Tax Increment Financing District in St. Cloud. It delays the requirement for development activities to begin from 2026 to April 30, 2031, and postpones demolition/rehabilitation work deadlines from 2026 to April 30, 2030. The extension applies specifically to the city's Cooper Avenue redevelopment project under existing state tax increment financing rules. It directly affects St. Cloud's ability to manage this designated redevelopment area according to its current timeline.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 27, 2025
Last action Apr 1, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
Mar 27, 2025
Introduced
Introduction and first reading, referred to Taxes
lower
1 primary · 1 co-sponsor
Sponsors
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