S.F. No. 764 Summary

• Extends the property tax exemption expiration date for certain Indian tribe-owned property from 2024 to 2034 in Minnesota Statutes section 272.02, subdivision 98.

• Applies to property classified as 3a for taxes payable in 2013, located in cities of the first class with populations greater than 300,000 (as of 2010 census), and owned by federally recognized Indian tribes or their instrumentalities.

• Property must be used exclusively for tribal purposes, defined as public purposes including noncommercial tribal government activities, or for institutions of purely public charity.

• Limits exempt property to no more than two contiguous parcels with aggregate structures not exceeding 20,000 square feet; excludes property acquired for single-family housing, market-rate apartments, agriculture, or forestry.

• Exempts qualified property from section 272.025 requirements, effective for property taxes payable in 2023 and thereafter.