MN SF3241

Exempts materials, supplies, and equipment used in construction of a Major League Soccer stadium and related infrastructure in St. Paul from sales tax, expiring one year after the first MLS game is played in the stadium.

Declares real and personal property acquired or controlled by the city of St. Paul for the MLS stadium exempt from ad valorem taxation by the state or political subdivisions.

Allows special assessments on the stadium property by political subdivisions for local improvements, limited to amounts proportionate to and not exceeding the special benefit received.

Exempts property subject to lease or use agreements between the city and other parties for stadium operations and related parking facilities from taxation regardless of lease length.

Excludes residential, business, or commercial development properties from tax exemptions if leased for purposes different from stadium provision and operation.