Bill > HF1522

This bill modifies the definition of agricultural land for property tax classification purposes, primarily expanding the criteria for how smaller parcels of land can be classified as agricultural. Specifically, the bill adds a new provision allowing parcels less than 11 acres that contain a residence to be classified as agricultural if they are used for market farming, with two ways to qualify: either by providing a federal Schedule F tax form showing at least $5,000 in gross agricultural income, or by submitting a farm financial plan demonstrating the potential to earn $5,000 annually in gross income over the next two years. The bill clarifies that "market farming" means cultivating fruits, vegetables, or producing agricultural products for sale to local markets. The changes aim to provide more flexibility for smaller agricultural operations to receive agricultural property tax classifications, potentially benefiting small-scale farmers and those transitioning into agricultural production. The modifications will take effect with the 2025 assessment year, giving property owners and county assessors time to understand and implement the new guidelines.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1522&ssn=0&y=2025