Minnesota SF1656 removes classification rate and establishes property tax exemption for certain property owned and operated by congressionally.

Minnesota SF1656 amends the state's tax laws to exempt from classification rates and property taxes certain property owned and operated by congressionally chartered veterans service organizations. The bill specifies that property qualifying for classification under section 273.13, subdivision 25, paragraph (d), clause (3) and owned and operated by such organizations is exempt. The commissioner of veterans affairs must annually provide a list of these organizations to the commissioner of revenue.

Minnesota SF1656 removes classification rate and establishes property tax exemption for certain property owned and operated by congressionally.

Minnesota SF1656 amends the state's tax laws to exempt from classification rates and property taxes certain property owned and operated by congressionally chartered veterans service organizations. The bill specifies that property qualifying for classification under section 273.13, subdivision 25, paragraph (d), clause (3) and owned and operated by such organizations is exempt. The commissioner of veterans affairs must annually provide a list of these organizations to the commissioner of revenue.