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HF2512 (Legislative Session 94 (2025-2026))

Property tax exemption established for certain property owned and operated by a congressionally chartered veterans service organization.

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

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 17, 2025HouseActionIntroduction and first reading, referred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [
        "Establishes a property tax exemption for properties meeting specific criteria owned by congressionally chartered veterans service organizations."
      ],
      "removed": [],
      "summary": "This bill modifies property tax classifications relating to veterans service organizations under section 273.13.",
      "modified": []
    },
    "citation": "273.13"
  }
]

Progress through the legislative process

17%
In Committee

Sponsors