Referred to Taxes
Summary
The legislation amends state law to require the Mountain Lake TIF District 1‑8 to complete its required activities within a three‑year window that ends on April 1, 2029, and it lengthens the period for using the tax increment from the 11th to the 14th year. The changes take effect once the city’s governing body and chief clerk meet filing requirements under statute 645.021. This adjustment affects the city’s economic‑development authority and any projects relying on the TIF district.
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