This bill amends Minnesota Statutes 2024, section 272.02, by adding a new subdivision that establishes a property tax exemption for certain properties owned by federally recognized Indian Tribes. The exemption applies to properties classified as class 3a for taxes payable in 2025, located in cities with populations over 400,000 as of the 2020 federal census, and owned by an Indian Tribe or its instrumentality as of January 1, 2024. Additionally, the property must be used exclusively for Tribal purposes or institutions of purely public charity.

The bill specifies that the exemption is limited to one parcel not exceeding 40,000 square feet and excludes properties used for single-family housing, market-rate apartments, agriculture, or forestry. The effective date for this exemption is set to begin with the assessment year 2026.

Statutes affected:
Introduction: 272.02