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SF 2915

Exemptions for institutions of public charity provisions modification

2025-2026 Regular Session Introduced by Ann Rest

The bill would modify which properties owned by charitable institutions qualify for Minnesota property tax exemptions.

Referred to Taxes
#taxation #taxation-property
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WeVote Research Nonpartisan
Bill Summary · SF 2915

SF 2915 — Exemptions for Institutions of Public Charity Provisions Modification

Overview

SF 2915 is a Minnesota Senate bill introduced on March 24, 2025, titled “Exemptions for Institutions of Public Charity Provisions Modification.” The bill is currently in the Taxation committee process, having been introduced and given an initial reading the same day and then referred to the Senate Taxes Committee. A companion House bill is HF 2257.

Purpose and intent (as reflected by the title)

The title indicates that the bill would modify the exemptions related to institutions of public charity within Minnesota’s property tax framework. In general, such exemptions determine which properties owned or used by charitable organizations qualify for reduced or removed property taxes. The exact changes to eligibility, scope, or administration would be defined in the full text of the bill.

Key provisions (availability and specifics)

The full text with detailed provisions is not provided here. Based on the title, potential areas the bill could address include:
- Eligibility criteria for exemptions for institutions classified as public charities.
- Definitions of the types of properties or activities that qualify (e.g., hospitals, charitable health facilities, educational or religious properties, or other charitable institutions).
- Administrative requirements such as application, verification, or reporting obligations for charitable organizations.
- Scope of exemptions (which property classes or values are exempt and under what conditions).
- Transition rules or effective dates for any changes.
However, the exact language and concrete provisions would be found in the full bill text, which is not included in the provided summary.

Who is affected

  • Primary: Institutions of public charity and their property holdings that might qualify for property tax exemptions.
  • Government entities: Local assessors and tax administrators who administer exemption programs.
  • Taxpayers: Other property taxpayers who may be affected indirectly through changes in the tax base.

Procedural and timeline aspects

  • Introduction and first reading: March 24, 2025.
  • Referral: Referred to the Senate Taxes committee.
  • Next steps: If the committee advances the bill, it would likely undergo hearings, potential amendments, and floor votes before moving to the other chamber or becoming law, depending on legislative procedure and negotiations.

Related legislation

  • HF 2257 is identified as the companion bill in the House.

Notes

For a precise understanding of the bill’s impact, findings, and exact provisions, the full legislative text and fiscal note (if any) should be reviewed once available. If you’d like, I can summarize the bill in detail once the full text is published.

Compiled from official sources — confirm details with the bill’s official record.

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