MN HF781

Exempts real and personal property owned and operated by private, nonprofit organizations from property taxation if primarily used as a community art space.

Requires the nonprofit organization to be exempt from federal income taxation under section 501(c)(3) of the Internal Revenue Code.

Defines "community art space" as a facility offering art studio and gallery space plus rooms for public and community meetings and events.

Limits the exemption to community art spaces located in a second class city in Dakota County with a population of more than 62,000.

Effective for assessment year 2021 and thereafter.