EDSR INFORMATION #1 06-14-1999 - Laserfiche WebLink

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• 05/16/99 6:21 p.m. [RESDEPT ] JF KB56 1 those commercially available to the recipient, any reduction or 2 deferral of any tax or any fee, any guarantee of any payment4111 3 under any loan, lease, or other obligation, or any preferential 4 use of government facilities given to a business. 5 The following forms of financial assistance are not a 6 business subsidy: 7 (1) a business subsidy of less than $25,000. 8 (2) assistance that is generally available to all 9 businesses or to a general class of similar businesses, such as 10 a line of business, size, location, or similar general criteria; 11 (3) public improvements to buildings or lands owned by the 12 state or local•government that serve a public purpose and do not 13 principally benefit a single business or defined group of 14 businesses at the time the improvements are made; 15 (4) redevelopment property polluted by contaminants as 16 defined in section 116J.552, subdivision 3; 17 (5) assistance provided for the sole purpose of renovating 18 old or decaying building stock or bringing it up to code, 19 provided that the assistance is equal to or less than 50 percent 20 of the total cost; 21 (6) assistance provided to organizations whose primary 22 mission is to provide job readiness and training services if the 23 sole purpose of the assistance is to provide those services; 24 (7) assistance for housing; 25 (8) assistance for pollution control or abatement; 26 (9) assistance for energy conservation; 27 (10) tax reductions resulting from conformity with federal 28 tax law; 29 (11) workers' compensation and unemployment compensation; 30 (12) benefits derived from regulation; • 31 (13) indirect benefits derived from assistance to 32 educational institutions; 33 (14) funds from bonds allocated under chapter 474A; 34 (15) assistance for a collaboration between a Minnesota • 35 higher education institution and a business; 36 (16) assistance for a •tax increment financing soils 2