Certain property owned by the United Way of Bemidji Area tax exemption and refund provision of property taxes paid

This bill grants a property tax exemption to the United Way of Bemidji Area for real estate acquired on August 1, 2025, ensuring the organization does not pay taxes on that property in 2026. To receive this benefit, the United Way must submit an application to the county assessor by August 1, 2026, and the state will cover the resulting tax shortfall from its general fund. Additionally, the bill requires the county auditor to issue a refund for any property taxes the United Way already paid for the 2026 tax year. The legislation is effective immediately upon final passage and applies specifically to the United Way of Bemidji Area in Beltrami County.