This bill authorizes the city of Austin to impose a local sales and use tax of one-half of one percent, contingent upon voter approval. The tax is intended to finance the construction and operation of a law enforcement center, with a maximum funding limit of $25,000,000, plus associated bonding costs. The bill specifies that the revenues from this tax will be used for the costs of collecting and administering the tax, as well as for the designated project. It also outlines that the provisions of Minnesota Statutes, section 297A.99, will govern the imposition, administration, collection, and enforcement of the tax, except where otherwise specified in the bill.

Additionally, the bill grants the city of Austin the authority to issue bonds to finance the law enforcement center, with a principal amount not exceeding $25,000,000. The bonds will not be subject to certain debt limitations and do not require a separate election for approval. The tax will expire either 14 years after its imposition or when the city determines that sufficient funds have been raised to cover the project costs and bond issuance expenses. Any remaining funds after the tax's termination will be allocated to the city's general fund. The bill will take effect following compliance with specific statutory requirements by the city's governing body.