1.1 	A bill for an act
1.2 	relating to tax increment financing; prohibiting establishing new or expanding 
1.3 	existing tax increment financing districts or plans; amending Minnesota Statutes 
1.4 	2010, section 469.175, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2010, section 469.175, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 9.Termination of authority. Notwithstanding sections 469.174 to 469.1794 
1.9 	or any other law to the contrary, an authority must not:
1.10 	(1) request certification of a new tax increment financing district or the addition of 
1.11 	geographic area to an existing tax increment financing district after June 30, 2011; or
1.12 	(2) modify an existing tax increment financing plan in a manner that extends the 
1.13 	duration of a district, expands the activities to be financed within the district, or authorizes 
1.14 	the incurring of additional expenses not included in the plan before May 1, 2011.