Property tax exemption modified for certain airport property.

HF 443 modifies Minnesota's property tax rules for airport facilities. It provides a 50% reduction in tax capacity for specific airport properties in cities with 50,000-150,000 residents (not operated by the Metropolitan Airports Commission) used as hangars for aircraft storage/repair or for passenger areas like check-in counters. This tax relief applies to property taxes payable from 2026 through 2037. The bill specifically targets smaller city airports, excluding those in Minneapolis/St. Paul and Metropolitan Airports Commission facilities.