Exempts certain property owned by an Indian Tribe from property tax in Minnesota cities with over 400,000 residents.

The bill amends Minnesota Statutes to exempt the market value of certain property owned by an Indian Tribe from property tax. This exemption applies if the property is located in a first-class city with over 400,000 residents, is owned by a federally recognized Indian Tribe or its instrumentality within Minnesota, and is used exclusively for noncommercial Tribal government activities, with a total area not exceeding 7,955 square feet. Properties used for single-family housing, market-rate apartments, parking facilities, agriculture, or forestry are not exempt.

Exempts certain property owned by an Indian Tribe from property tax in Minnesota cities with over 400,000 residents.

The bill amends Minnesota Statutes to exempt the market value of certain property owned by an Indian Tribe from property tax. This exemption applies if the property is located in a first-class city with over 400,000 residents, is owned by a federally recognized Indian Tribe or its instrumentality within Minnesota, and is used exclusively for noncommercial Tribal government activities, with a total area not exceeding 7,955 square feet. Properties used for single-family housing, market-rate apartments, parking facilities, agriculture, or forestry are not exempt.