This bill establishes a property tax refund program specifically for child care providers that rent facilities. It amends Minnesota Statutes to include new definitions and provisions related to eligible child care facilities, which are defined as licensed facilities operated by nonprofit organizations that accept families participating in the child care assistance program. The bill allows these facilities to claim a refund equal to ten percent of their gross rent paid in cash for the previous calendar year, with specific application requirements and a mandate for property owners to provide certificates of rent paid.

Additionally, the bill appropriates necessary funds from the general fund to cover the refunds and requires the commissioner of revenue to submit a report by March 1, 2025. This report will estimate the share of rent constituting property taxes for eligible child care facilities and provide separate estimates for different regions, including Minneapolis and St. Paul. The report may also include recommendations for modifications to the property tax refund program. The provisions of the bill are effective for refunds based on rent paid in 2023 and thereafter.

Statutes affected:
Introduction: 290A.03, 290A.04, 290A.23