Indian Tribe property tax exemption established.

This bill establishes a property tax exemption for specific land owned by federally recognized Indian Tribes in Minnesota. The exemption applies only to property used to store medical clinic equipment and materials, located in cities with populations between 12,400 and 12,800 as of the 2020 census. The law limits the exemption to one qualifying parcel per tribe and excludes any land used for housing, parking, agriculture, or forestry. The exemption will take effect for property taxes payable in 2027.