Bill > SF891

This bill establishes a property tax exemption for certain properties owned or leased by congressionally chartered veterans organizations. Specifically, the bill allows tax exemptions for up to three acres of real property owned or leased by nonprofit, community service-oriented veterans organizations, with several key conditions. To qualify, the property cannot be used for residential purposes and must either: (1) not be used for revenue-producing activities for more than six days per year, or (2) make annual charitable contributions and donations equal to at least two-thirds of the previous year's property taxes, while also allowing the property to be used for public and community meetings at no charge. Organizations seeking this exemption for leased property must file an application with the local assessor by May 1, and the commissioner of veterans affairs is required to provide an annual list of congressionally chartered veterans organizations to the commissioner of revenue. The bill includes detailed definitions of terms like "charitable contributions," "revenue-producing activities," and "nonprofit community service oriented organization" to clarify eligibility. The property tax exemption will become effective for property taxes payable in 2026, giving local governments and veterans organizations time to prepare for the new regulation.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0891&ssn=0&y=2025