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.

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.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written