1.1 	A bill for an act
1.2 	relating to taxation; property tax exemption for leased property at Minneapolis 
1.3 	Convention Center.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. MINNEAPOLIS CONVENTION CENTER; LEASE; PROPERTY 
1.6 	TAX EXEMPTION.
 1.7 	Notwithstanding Minnesota Statutes, section 272.01, subdivision 2, or 273.19, real 
1.8 	or personal property subject to a lease or use agreement between the city of Minneapolis 
1.9 	and a private entity for purposes of providing food and beverage services within the 
1.10 	Minneapolis Convention Center is exempt from property taxation.

1.11 	EFFECTIVE DATE. This section is effective for assessment year 2009 and 
1.12 	thereafter, for taxes payable in 2010 and thereafter.