Tax reduction authority modified, and restrictions removed.

This bill modifies Minnesota's tax reduction authority for businesses located in designated border city enterprise zones. It allows local governments to approve various tax incentives, including sales tax exemptions for construction materials, income tax credits for hiring employees, property tax credits for new facilities, and reimbursement for land acquisition costs to prevent business relocation. The legislation also updates restrictions by removing certain exclusions for specific business types while maintaining prohibitions on tax benefits for recreational facilities, public utilities, financial institutions, and franchised retail food or beverage businesses. Additionally, the bill authorizes a $2 million allocation for additional tax reductions to border city zones and clarifies which cities can designate development zones and their size limits.