This seems to be a direct result of the Great Wolf Lodge ruling, as it is a change to the requirement that the usage be exclusively governmental. That is, the tribe was already exempt for those properties used exclusively for tribal government, as well as any non-profit community centers and such.
While the law may be limiting in its scope to deal with taxes and state a goal of making it on par with regular govermental treatment, the fact that tribal properties are for profit make them a totallly different entity. There is no comparision as they have two entirely different purposes. I find it odd that the same bill exempts foreign governments on property held for consuls and other such governmental offices. Why would we treat the tribes differently?

A bigger question that may arise is whether the treatment of non-trust land the same as trust land will also negate the requrement to meet local standards and requirements in terms of zoning and off-site improvements. This seems to me to be the logical next step for the tribe to head. The state decides to treat non-reservation land the same as reservation land if its tribal owned. Then let the tribe determine zoning, building requirements and such, subject perhaps only to federal juridiction. Since its not required to apply for trust status, then the land could be for any use and all uses without any public input.

There is already a law in effect that grants the tribes what they want. This is specifically for properties that will not me the political snuff to be put into trust land. A bad law, one that is not needed, and one that patently provides an unfair advantage to one sector of society over another.