This bill authorizes the city of Northfield, Minnesota, to impose a local sales and use tax of up to one-half of one percent, contingent upon voter approval. The tax is intended to fund specific projects, including $2.8 million for the Northfield Public Library, $2.8 million for the Northfield Community Resource Center, and $7.5 million for interconnected city Riverfront Parks. The bill stipulates that the tax will be governed by existing state laws regarding imposition, administration, collection, and enforcement, while also allowing the city to issue bonds to finance these projects, with a maximum aggregate principal amount of $13.1 million.

Additionally, the bill outlines that the tax will expire either 20 years after its implementation or when the city council determines that the tax revenue is sufficient to cover the project costs. It also specifies that any remaining funds after the tax's termination will be allocated to the city's general fund. The effective date of this legislation will be the day after the city of Northfield's governing body and chief clerical officer comply with the relevant state statutes.