SF725 (Legislative Session 94 (2025-2026))
Classification rate removal and property that exemption establishment for certain property owned and operated by congressionally chartered veterans service organizations
Related bill: HF195
AI Generated Summary
Senate File No. 725 is a proposed legislative bill in Minnesota focused on taxation and property exemptions specifically for properties owned and operated by congressionally chartered veterans service organizations. The bill seeks to amend current state statutes to grant a property tax exemption to these organizations. This means that certain properties owned by recognized veterans groups would not have to pay property taxes.
The bill involves adding a new provision that specifies this exemption within the existing tax code. Additionally, the Commissioner of Veterans Affairs is required to provide a list of qualified veterans service organizations to the Commissioner of Revenue every year by January 1. This ensures that the tax exemption is applied accurately and only to eligible organizations.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 26, 2025 | House | Floor | Action | Introduction and first reading | |
| January 26, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 26, 2025 | House | Floor | Action | Referred to | Taxes |
| January 26, 2025 | Senate | Floor | Action | Referred to | Taxes |
| April 02, 2025 | Senate | Floor | Action | Authors added |
Citations
[
{
"analysis": {
"added": [
"Adds a property tax exemption for congressionally chartered veterans service organizations under certain conditions."
],
"removed": [
""
],
"summary": "The bill amends existing property classification under section 273.13, subdivision 25, by providing a tax exemption for certain properties.",
"modified": [
"Details specific conditions for tax exemption eligibility."
]
},
"citation": "273.13",
"subdivision": "subdivision 25"
}
]