Property tax exemption established for certain property owned by an Indian Tribe.

HF 967 creates a property tax exemption for specific land owned by federally recognized Indian Tribes in Minnesota. It directly affects tribal properties meeting four conditions: classified as "class 2b" for 2025 taxes, located in a county with 5,580-5,620 residents (2020 census), within an unorganized territory of under 800 residents (2020 census), and owned by a tribe as of January 2, 2023. The exemption applies to these properties for all future tax assessments starting in 2026. This change modifies Minnesota’s property tax law to exclude qualifying tribal land from local taxation.