MN SF4216

Amends Minnesota Statutes section 272.01, subdivision 2 to add a new exemption for property owned by nonprofit conservation organizations that is leased for grazing activities furthering the organization's conservation objectives

Adds exemption clause (7) specifying that property leased, loaned, or otherwise made available by a nonprofit conservation organization to private individuals, corporations, or associations for grazing activities is exempt from taxation

Changes punctuation in clause (6) from a period to "or" followed by the new clause (7) to maintain proper list formatting

Effective beginning with property taxes payable in 2025

Sponsored by Senators Weber and Putnam; referred to the Taxes committee