Minnesota HF619 provides a property tax exemption for certain property owned by congressionally chartered veterans organizations.
Minnesota HF619 amends the state's tax code to exempt from property taxes certain real property owned or leased by congressionally chartered veterans organizations. To qualify, the property must be up to three acres, used for non-residential purposes, and not used for revenue-generating activities for more than six days a year. Additionally, the organization must be a nonprofit community service-oriented entity and must either make annual charitable contributions and donations equal to the property's previous year's property taxes or allow the property to be used for public and community.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.