Minnesota · 2025-2026 Regular Session · Bill

HF 2324: Minnetonka, Richfield, and St. Louis Park; eligible uses of increment from tax increment financing districts expanded to include transfers to local housing trust funds, and use of transferred increment requirements imposed.

In committee Last action March 13, 2025: Introduction and first reading, referred to Taxes

Plain-language summary

HF 2324 is a bill introduced in the Minnesota House on March 13, 2025. According to its official title, it concerns: Minnetonka, Richfield, and St. Louis Park; eligible uses of increment from tax increment financing districts expanded to include transfers to local housing trust funds, and use of transferred increment requirements imposed. Primary sponsor: Larry Kraft (Democratic-Farmer-Labor). It lists 4 additional sponsors. Most recent recorded action (March 13, 2025): Introduction and first reading, referred to Taxes.

Sponsors

Primary sponsor: Larry Kraft (Democratic-Farmer-Labor). 4 co-sponsors.