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Panel hears bill to extend partial property-tax exemption to airport lessees in mid-sized Minnesota cities
Summary
Senate File 1027 would create a 50% property-tax exemption for leased airport property in cities with populations between 50,000 and 150,000 for 10 years; witnesses from Duluth Airport Authority and Cirrus Aircraft testified in support and highlighted job and investment impacts.
Senate File 1027, presented by Senator Hauschild, would allow a 50% property-tax exemption for certain leased airport property in Minnesota cities with populations between 50,000 and 150,000 for a 10-year period. The Taxes Committee heard testimony Feb. 19 and laid the bill over for inclusion in the omnibus tax bill.
Senator Hauschild said businesses that operate on airport property lease rather than own land, pay fees to airport authorities for services such as snow removal, and also pay property taxes; he characterized that as…
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