Minnesota · 2025-2026 Regular Session · Bill

HF 1159: Eligible uses of increment from tax increment financing districts expanded to include transfers to local housing trust funds, and requirements on use of transferred increment imposed.

In committee Last action February 19, 2025: Introduction and first reading, referred to Taxes

Plain-language summary

HF 1159 is a bill introduced in the Minnesota House on February 19, 2025. According to its official title, it concerns: Eligible uses of increment from tax increment financing districts expanded to include transfers to local housing trust funds, and requirements on use of transferred increment imposed. Primary sponsor: Cheryl Youakim (Democratic-Farmer-Labor). It lists 4 additional sponsors. Most recent recorded action (February 19, 2025): Introduction and first reading, referred to Taxes.

Sponsors

Primary sponsor: Cheryl Youakim (Democratic-Farmer-Labor). 4 co-sponsors.