1.1 	A bill for an act
1.2 	relating to tax increment financing; allowing a tax increment financing district in 
1.3 	the city of New Brighton to expend certain tax increments outside the district; 
1.4 	exempting the district from other requirements.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. CITY OF NEW BRIGHTON; TAX INCREMENT FINANCING 
1.7 	DISTRICT.
 1.8 	Notwithstanding the provisions of Minnesota Statutes, section 469.1763, subdivision 
1.9 	2, the city of New Brighton may expend tax increments from Tax Increment District No. 
1.10 	26 for eligible activities described in Minnesota Statutes, section 469.176, subdivision 4e, 
1.11 	outside of Tax Increment District No. 26, but only within the area described in Laws 1998, 
1.12 	chapter 389, article 11, section 24, subdivision 1. Minnesota Statutes, section 469.1763, 
1.13 	subdivisions 3 and 4, do not apply to expenditures permitted in this section.

1.14 	EFFECTIVE DATE. This section is effective upon local approval by the governing 
1.15 	body of the city of New Brighton and compliance with Minnesota Statutes, section 
1.16 	645.021, subdivision 3.