MN SF1579

Creates a property tax exemption for property owned by federally recognized Indian Tribes located in Minnesota, limited to one parcel not exceeding 40,000 square feet

Property must be located in a first class city with population over 400,000 (Minneapolis) and was classified as class 3a commercial/industrial property for taxes payable in 2025

Requires the property to have been owned by the Tribe or its instrumentality as of January 1, 2024, and used exclusively for Tribal purposes or public charity

Excludes property used for single-family housing, market-rate apartments, agriculture, or forestry from the exemption

Effective beginning with assessment year 2026