This bill establishes a property tax refund program specifically for child care providers that rent facilities, amending several sections of Minnesota Statutes 2024. It introduces new definitions for "eligible child care facility" and "eligible child care property," which clarify the criteria for facilities that can qualify for refunds. The bill allows eligible child care facilities to receive a refund equal to ten percent of the gross rent paid for the use of eligible child care property, with specific application procedures outlined for claiming these refunds. Additionally, it mandates that property owners of eligible child care facilities provide a certificate of rent paid to the facilities, ensuring compliance with the new refund program.

The bill also includes provisions for a report to be submitted by the commissioner of revenue by March 1, 2026, estimating the share of rent constituting property taxes for eligible child care facilities. This report aims to provide insights into the property tax refund program's effectiveness and may include recommendations for modifications. The effective date for the new provisions and refund eligibility is set for rent paid in 2024 and thereafter, with specific deadlines for certificate issuance and reporting to ensure timely compliance and oversight.

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