Laserfiche WebLink
-1 <br /> A. COMPREHENSIVE PLANNING AND ZONING (HF 1888/SF 1759) . <br /> This bill which combines and standardizes county, municipal and <br /> town planning authority into a single statute has been held <br /> over for interim study as requested by the AMM Board. We will <br /> have to do our ' homework' on this issue prior to the start of <br /> the next session. <br /> B. TAX INCREMENT FINANCING RESTRICTIONS (HF 1871/SF 1659) . <br /> HF 1871 which has several bad features was passed by a House <br /> Tax Subcommittee on Friday March 12th. and will be considered <br /> by the full House Tax Committee this week . This bill will likely <br /> become a part of the House Omnibus Tax Bill and as such will have <br /> a new House File number which we think will be HF 2590 . The <br /> House version has several troublesome features including the <br /> basic elimination of the soil and terrain test fora <br /> redevelopment district, street improvements adjacent to a <br /> parcel no longer eligible to meet the four year breakdown and <br /> an original mill rate certification provision which might <br /> drastically reduce the amount of increment captured for the TIF <br /> District. <br /> SF 1659 was amended into SF 2370 and was passed out of the <br /> Economic Development and Housing Subcommittee of the Senate Tax <br /> Committee on March 21st. This bill was substantially amended <br /> in subcommittee and its most objectionable features were <br /> modified or eliminated . Some small problems still remain <br /> (mostly technical) such as the school district referendum levy <br /> and we will continue to work on them. In view of the House <br /> action, it is likely that SF 2370 will end up in the Senate <br /> Omnibus Tax Bill for which we do not have a Senate File number. <br /> C. PROPERTY TAX REFORM. <br /> Three proposals are now on the table with Senator Johnson' s <br /> expected this week . The Outstate/Minneapolis/St. Paul <br /> coalition bill has had a hearing in Senate Property Tax <br /> Subcommittee without any testimony and House Full Tax Committee <br /> with testimony. It is not nor will it be included in either <br /> Omnibus Tax bill unless amended in during committee discussion <br /> or floor action. The Governors reform package similarly has <br /> had hearings in both houses and also is not included in either <br /> Omnibus Tax Bill . <br /> The House Omnibus bill at this time contains no LGA increase <br /> but does increase Homestead Credit to 53% of the first $80 ,000 <br /> value with no dollar limit . This is good for the metro area. <br /> There are also provisions for C/I relief which impact well for <br /> outstate areas. It includes a ' truth in taxation' provision <br /> -2- <br />