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 Tribal-owned property located in a city of the first class with a population exceeding 400,000, as per the 2020 federal census. To qualify for the exemption, the property must be owned by a Tribe or its instrumentality as of January 2, 2025, and the portion used exclusively for noncommercial Tribal government activities must not exceed 7,955 square feet.

Additionally, the bill specifies that any portion of the Tribal-owned property used for single-family housing, market-rate apartments, parking facilities, agriculture, or forestry will not be exempt from taxation. The effective date of this exemption is contingent upon the property owner complying with Minnesota Statutes, section 272.025, for the assessment year.

Statutes affected:
Introduction: 272.02