HF 2839 Minnesota House · 2025-2026 Regular Session

Minneapolis; special tax increment financing rules authorized.

HF 2839 authorizes Minneapolis' housing and redevelopment authority to establish up to three special tax increment financing (TIF) districts in the downtown area, bypassing standard state requirements. It allows these districts to include noncontiguous parcels, exempts them from certain spending restrictions, and permits using TIF funds to clear buildings for public parks. The bill requires districts to include areas where at least 50% of buildings need renovation for community safety or health reasons. These special rules expire for new districts by June 30, 2034. The bill directly affects Minneapolis' downtown redevelopment projects and property owners within designated TIF districts.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 26, 2025 Last action Mar 26, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Mar 26, 2025
Introduced
Introduction and first reading, referred to Taxes
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Katie Jones
Katie Jones
DDemocratic-Farmer-Labor
MN
61A