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 |
Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.
Progress through the legislative process
In Committee