SF255 (Legislative Session 94 (2025-2026))

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

Related bill: HF2512

AI Generated Summary

This legislative bill, SF No. 255, aims to establish a property tax exemption for real estate owned and operated by congressionally chartered veterans service organizations in Minnesota. The proposed addition to the Minnesota Statutes would make these properties tax-exempt, meaning the organizations would not have to pay property taxes on them. Each year, the Commissioner of Veterans Affairs is required to submit a list of these organizations to the Commissioner of Revenue by January 1, ensuring the tax exemption is applied correctly.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 15, 2025SenateFloorActionIntroduction and first reading
January 15, 2025SenateFloorActionReferred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [
        "A new exemption for congressionally chartered veterans service organizations."
      ],
      "removed": [],
      "summary": "This bill establishes a property tax exemption for certain property owned and operated by a congressionally chartered veterans service organization under section 273.13, subdivision 25.",
      "modified": []
    },
    "citation": "273.13, subdivision 25"
  }
]