This bill establishes a property tax refund program specifically for child care providers that rent facilities, amending various sections of Minnesota Statutes 2024. Key provisions include the definition of "gross rent" to encompass rent paid for eligible child care properties, and the introduction of new definitions for "eligible child care facility" and "eligible child care property." The bill allows eligible child care facilities to claim a refund equal to ten percent of the gross rent paid for the use of eligible child care property, with specific application procedures outlined. Additionally, property owners of eligible child care facilities are required to furnish certificates of rent paid to the facilities, ensuring compliance with the new refund program.

The bill also mandates a report from the commissioner of revenue by March 1, 2026, estimating the share of rent constituting property taxes for eligible child care facilities, with separate estimates for different regions. The funding necessary to pay these refunds is appropriated from the general fund. The effective date for most provisions is set for refunds based on rent paid in 2024 and thereafter, while the special rule for certificates of rent paid requires compliance by July 31, 2025. Overall, the bill aims to support child care providers financially by providing a structured refund mechanism linked to property taxes.

Statutes affected:
Introduction: 290A.03, 290A.04, 290A.19, 290A.23