Owatonna; local sales and use tax imposition authorized, and use of certain other revenues authorized.

HF 3390 authorizes the city of Owatonna to impose a 0.5% local sales and use tax (subject to voter approval) to fund a $75 million community center project and related tax administration costs. The city may issue bonds up to $75 million for construction without counting toward debt limits, using tax revenues or city funds to repay them. Revenues must cover both the center's construction costs and tax collection expenses, with the tax expiring after 25 years or once project costs are fully paid. This bill directly affects Owatonna residents and businesses through the new sales tax and impacts local budgeting for community infrastructure.