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 law enforcement center project. It also establishes that the tax is in addition to any other local sales and use taxes and is governed by existing Minnesota statutes regarding tax imposition and administration.

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 can be secured by any available city funds, including the new tax revenues, and are exempt from certain debt limitations and approval processes typically required under Minnesota law. The tax will expire either 14 years after its implementation or when the city determines that sufficient funds have been raised to cover the project costs, with any remaining funds directed to the city's general fund. The effective date of this legislation is contingent upon compliance with specific statutory requirements by the city's governing body.