Establishes a property tax exemption for certain property owned by an Indian Tribe in Minnesota.

This bill amends Minnesota Statutes to establish a property tax exemption for specific property owned by an Indian Tribe. The exemption applies to property classified as class 2b under section 273.13, subdivision 23, for taxes payable in 2025. The property must be located within a county with a population between 5,580 and 5,620, according to the 2020 federal census, and in an unorganized territory with a population less than 800. The exemption is effective starting with the assessment year 2026.

Establishes a property tax exemption for certain property owned by an Indian Tribe in Minnesota.

This bill amends Minnesota Statutes to establish a property tax exemption for specific property owned by an Indian Tribe. The exemption applies to property classified as class 2b under section 273.13, subdivision 23, for taxes payable in 2025. The property must be located within a county with a population between 5,580 and 5,620, according to the 2020 federal census, and in an unorganized territory with a population less than 800. The exemption is effective starting with the assessment year 2026.