Minneapolis local sales tax use of revenue modification

This bill modifies how Minneapolis uses local sales tax revenue and redefines the geographic boundaries of its downtown taxing area. It requires the state to deposit specific amounts into the city's general fund through 2046 to support bond debt service and sports facility operations, with funds designated for stadium repairs and improvements. Additionally, the bill updates the downtown taxing area map to include new streets while excluding certain zones, with these geographic changes taking effect after September 30, 2026. The legislation directly affects Minneapolis taxpayers and the city's ability to collect and allocate sales tax revenue for public projects.