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Legislative Update – March 22

MNA Association

in Senate Taxation. HB870 – Revise Tax Rate for Nonprofit Agricultural Property This bill proposes to revise the tax rate for agricultural property owned by certain nonprofits to 10 times the rate under normal valuation. The bill was heard in House Taxation and we await their decision. The hearing date is not set.

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One month to go

MNA Association

You can message the committee by choosing (H) (H) Taxation on this form. TAX TREATMENT OF NONPROFITS HB870 – Revise tax rate for agricultural property owned by certain nonprofits HB870 proposes to require a property tax on agricultural land owned by certain nonprofits. Please reach out to members of the committee in opposition.

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2023 Legislative Session: A Recap

MNA Association

.” Often, it’s a specialty issue that triggers the challenge: hospitals not paying property taxes yet having such a large real estate footprint, or nonprofits owning agricultural land and getting a “discounted” ag rate on their taxes yet not being ag producers. Every success represents the power of association.