Minnesota · 2025-2026 Regular Session · Bill

HF 2574: Tax increment financing; use of increment to convert vacant or underused commercial or industrial buildings to residential purposes authorized, and calculation of increment and findings required for a district converting vacant or underused property modified.

In committee Last action March 20, 2025: Introduction and first reading, referred to Taxes

Plain-language summary

HF 2574 is a bill introduced in the Minnesota House on March 20, 2025. According to its official title, it concerns: Tax increment financing; use of increment to convert vacant or underused commercial or industrial buildings to residential purposes authorized, and calculation of increment and findings required for a district converting vacant or underused property modified. Primary sponsor: Athena Hollins (Democratic-Farmer-Labor). Most recent recorded action (March 20, 2025): Introduction and first reading, referred to Taxes.

Sponsors

Primary sponsor: Athena Hollins (Democratic-Farmer-Labor).