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Minnesota law to spur development, job creation produced few jobs

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.


November 26, 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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