Minnesota law to spur development, job creation produced few jobs

Legislation that allowed local governments to direct excess property tax dollars from tax-increment financing districts into other private developments was supposed to kick-start construction hiring in Minnesota.

December 04, 2012 |

Legislation that allowed local governments to direct excess property tax dollars from tax-increment financing districts into other private developments was supposed to kick-start construction hiring in Minnesota, but an examination found evidence of job creation was spotty at best, even as many companies cashed in on the new law.

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