MN SF1656

Property owned and operated by congressionally chartered veterans service organizations that qualifies under Class 4c(3) (nonprofit community service organizations, up to 3 acres, not used for residential purposes) becomes fully exempt from property taxes beginning with assessment year 2025

The Commissioner of Veterans Affairs must annually provide a list of congressionally chartered veterans service organizations to the Commissioner of Revenue by January 1 each year

For the 2025 assessment year only, the veterans service organization list deadline is July 1, 2025, and organizations must file exemption applications with county assessors by August 1, 2025

The bill removes the existing 1% reduced classification rate that previously applied to congressionally chartered veterans organization property under Class 4c, replacing it with full tax exemption

Amends Minnesota Statutes sections 272.02 and 273.13, subdivision 25, effective beginning with assessment year 2025