Minnesota SF1579 establishes a property tax exemption for certain property owned by federally recognized Indian Tribes.

Minnesota SF1579 amends the state's property tax laws to establish an exemption for specific property owned by federally recognized Indian Tribes. The exemption applies to property located in a first-class city with a population over 400,000, owned by a federally recognized Indian Tribe as of January 1, 2024, and used exclusively for Tribal purposes or institutions of purely public charity. The property must not exceed 40,000 square feet and cannot be used for single-family housing, market-rate apartments, agriculture, or forestry.

Minnesota SF1579 establishes a property tax exemption for certain property owned by federally recognized Indian Tribes.

Minnesota SF1579 amends the state's property tax laws to establish an exemption for specific property owned by federally recognized Indian Tribes. The exemption applies to property located in a first-class city with a population over 400,000, owned by a federally recognized Indian Tribe as of January 1, 2024, and used exclusively for Tribal purposes or institutions of purely public charity. The property must not exceed 40,000 square feet and cannot be used for single-family housing, market-rate apartments, agriculture, or forestry.