MN SF4430

Establishes a property tax refund program allowing eligible child care facilities to claim a refund equal to 10 percent of gross rent paid annually, effective for rent paid in 2023 and thereafter.

Restricts eligibility to nonprofit charitable organizations operating as 501(c)(3) tax-exempt entities that accept families participating in the child care assistance program and operate licensed child care centers or family/group family day care facilities.

Requires eligible child care facilities to apply for refunds to the commissioner of revenue in the calendar year following the year rent was paid, with property owners required to furnish certificates of rent paid.

Appropriates necessary funds from the general fund to pay refunds under the program.

Requires the commissioner of revenue to submit a report by March 1, 2025, estimating the share of rent constituting property taxes for eligible child care facilities, with separate estimates for Minneapolis, St. Paul, the seven-county metropolitan area, and counties outside the metropolitan area.