Minnesota SF1634 establishes a property tax refund program for child care providers renting facilities, effective for rent paid in 2024 and later.

Minnesota SF1634 amends state statutes to create a property tax refund program for child care providers who rent facilities. Eligible child care facilities, defined as those accepting families in the child care assistance program and operated by a nonprofit organization, can claim a refund equal to ten percent of the gross rent paid. The refund is limited to cash or cash equivalent payments. To claim the refund, facilities must apply to the commissioner in the year following the rent payment.

Minnesota SF1634 establishes a property tax refund program for child care providers renting facilities, effective for rent paid in 2024 and later.

Minnesota SF1634 amends state statutes to create a property tax refund program for child care providers who rent facilities. Eligible child care facilities, defined as those accepting families in the child care assistance program and operated by a nonprofit organization, can claim a refund equal to ten percent of the gross rent paid. The refund is limited to cash or cash equivalent payments. To claim the refund, facilities must apply to the commissioner in the year following the rent payment.