Eden Prairie; special tax increment financing rules authorized.

Summary

The bill moves the deadline for approving a tax increment financing (TIF) district in Eden Prairie from December 31, 2026 to December 31, 2028. It also makes the new rules effective the day after the city’s governing body and chief clerical officer satisfy certain statutory requirements. This change affects the city’s ability to create and use a TIF district for development projects.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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