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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 568 - Tax Class Rate Reduction for Congressionally Chartered Veterans Organizations
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Author:
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Senator Carla J. Nelson
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Prepared By:
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Priyanka Premo, Senate Counsel (651/296-3914)
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Date:
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March 1, 2017
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Section 1 provides a class rate reduction from 1.5% to 1.0% for property of non-profit community service organizations that are owned or operated by congressionally chartered veterans’ organizations. The commissioner of veterans affairs must provide a list of congressionally chartered veterans organizations. The decreased rate will be effective for taxes assessed in 2017 and payable in 2018.
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Check on the status of this bill
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Last review or update: 03/01/2017
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