HF2512
Property tax exemption established for certain property owned and operated by a congressionally chartered veterans service organization.
Legislative Session 94 (2025-2026)
Related bill: SF255
AI Generated Summary
Purpose of the Bill
The bill aims to provide a property tax exemption specifically for certain properties owned and operated by veterans service organizations that have been chartered by Congress.
Main Provisions
- Property Tax Exemption: The bill establishes that properties owned and run by congressionally chartered veterans service organizations will be exempt from property taxes.
- Classification Criteria: These properties must qualify for a specific classification under section 273.13, subdivision 25, paragraph d, clause 3 of the Minnesota Statutes.
- Role of the Commissioner of Veterans Affairs: This official is required to compile and annually provide a list of eligible congressionally chartered veterans service organizations to the commissioner of revenue. This list must be submitted by January 1 each year.
Significant Changes to Existing Law
- This bill amends Minnesota Statutes 2024, section 272.02, by adding a new subdivision specifically for the tax exemption provision for properties owned by congressionally chartered veterans service organizations.
Relevant Terms
- Property tax exemption
- Veterans service organization
- Congressionally chartered
- Minnesota Statutes
- Classification criteria
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 17, 2025 | House | Action | Introduction and first reading, referred to | Taxes |
Citations
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Progress through the legislative process
In Committee