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Home My WebLink About10.b. Special Legislation for Polluted Site Clean-upSIDNEY LO DER SIDNEY BARROWS HAROLD D.FIELD, JR. RICHARD J. GUNN ALLEN I.SAEKS THOMAS D. FEINBERG MORRIS M. SHERMAN GEORGE REILLY CHARLES K. DAYTON DAVID N. COX STEPHEN R. PFLAUM CHARLES A. MAYS LOWELLJ.NOTEBOOM GEORGE F. MCGUNNIGLE, JR. RICHARD G. PEPIN. JR. FREDRIC T. ROSENBLATT BYRON E. STARNS STEVEN M. RUBIN JOHN M. HERMAN STEVEN D. OcRUYTER JAMES R. DORSEY KATHLEEN M. GRAHAM STEPHEN J. DAVIDSON STEPHEN R. LITMAN DAVID C. ZALK EDWARD M. MOERSFELDER ROBERT LEWIS BARROWS -LAW OFFICES LEONARD, STREET AND DEINARD PROFESSIONAL ASSOCIATION RICHARD J. WEGENER DANIEL J. MCINERNEY, JR. HUGH M. MAYNARD FREDERICK W. MORRIS JOHN C. KUEHN BRADLEY J. G,ILLAN MICHAEL A. NEKICH MARTHA C. GRAND DAVID N. HAYNES CAROLYN CHALMERS JAMES V. MOTH ROBERT L. DEMAY ANGELA M. SOHMANN ROBERT P. THAVIS JAMES G. BULLARD JOSEPH M. FINLEY LAWRENCE J. FIELD DAVID W. KELLEY MARK S. WEITZ DAVID L. LILLEHAUG DAVID KANTOR ANGELA M. CHRISTY MARK A- LINDGREN LOWELL V. STORTZ DOUGLAS B. GREENSWAG ELLEN G. SAMPSON SUITE 2300 150 SOUTH FIFTH STREET MINNEAPOLIS, MINNESOTA 55402 TO: Distribution List TELEPHONE (612) 335-1500 FACSIMILE (612) 335.1657 March 10, 1992 ROSANNE NATHANSON MICHAEL G. TAYLOR JOHN W. GETSINGER THOMAS P. SANDERS ROBERT ZEGLOVITCH TIMOTHY WELCH GREGG J. CAVANAGH SUSAN M. ROSINER MICHAEL R. COHEN BRADLEY J. GUNN NANCY WILTGEN REIBERT VIRGINIA B. CONE MICHELLE A. MILLER TIMOTHY R. MEYERSON JENNIFER K. PARK BLAKE SHEPARD, JR. WILLIAM L.GREENE STEVEN L. BELTON PETER H. BACHMAN MARC D. SIMPSON SHAUN C. MCELHATTON JAMES J. BERTRAND MARK W. DELEMANTY Re: Polluted Site Tax Increment Financing PETER E. SCHIFSKY LAWRENCE P.SCHAEFER CAROLYN V. WOLSKI STEVEN R. LINDEMANN JOHN E. BERG STEVEN J. RINDSIG JAMA M. KRIS LORENA. UNTERSEMER JOSHUA J. KANASSATEGA JANN'M. EICHLER SMITH RUTH D. O'NEILL ANDREW P. LEE NICOLE A. ENGISCH GEORGE S. LEONARD (1672.1956 ) ARTHUR L. M. STREET 11677-1661 1 BENEDICT DEMAND 11699.1666) AMOS S. DEWARD 11698 � 1965 ) IRENE SCOTV DANIEL D. FOTH DANIEL M. SATORIUS W =.."I WRITERS DIRECT DIAL NUMBER (612) 335-1577 The Polluted Site Tax Increment Financing bill (SF No. 1950) was heard by the Senate Environment and Natural Resources Committee on Friday, March 6, recommended for passage and referred to the Senate Tax Committee. Just before the bill was heard by the Senate Environment Committee, there was a discussion with PCA staff„ and several changes were made in the language as a result of that discussion. Consequently, the bill went to the Senate Environment Committee as a "delete everything" amendment and further changes were then made during the committee hearing. Attached is a copy of the bill as approved by the Senate Environment Committee; the handwritten markings show the changes made during the Committee hearing. The Senate Environment Committee limited its consideration primarily to environmental issues, and liked the bill on that basis. The real fight, however, will come in the house and Senate Tax Committees, which will more directly focus on the tax increment financing questions. There have already been objections raised to this bill, on the ground that it is an expansion of tax increment financing, which some view to be undesirable regardless of the reason. We will try to keep you informed of further developments as they occur, but please bear in mind that this is a short legislative session, and one that is faced with several other major issues. If you have a legislative representative, or someone who is at the Legislature keeping track of bills of interest to you, you should probably ask that person to track this one as well -', you March 10, 1992 Page 2 will likely get more current information than I will be able to provide. Please let me know if you have any questions. Very truly yours, LEONARD, STREET AND DEINARD By ---� Richard H. Martin RHM/ras Enclosure temp\distrA tr