MN HF3529

Amends Minnesota Statutes section 272.02, subdivision 42 to expand property tax exemptions for charter school leased properties.

Exempts property leased to charter schools formed under chapter 124E from taxation if the lease is at least 12 consecutive months and property is owned by qualifying entities including nonprofits, public school districts, colleges, universities, private academies, churches, or state/political subdivisions.

Requires charter schools to use property for direct instruction in kindergarten through grade 12, special education for disabled children, or administrative services directly related to educational programs.

Allows charter schools to share leased property with other public or private schools, churches, or state/political subdivisions while still qualifying for tax exemption, modifying the exclusive-use requirement.

Effective beginning with assessment year 2018.