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Bill > HF1922


MN HF1922

MN HF1922
Report on payment in lieu of taxes on natural resources lands required.


summary

Introduced
03/05/2025
In Committee
03/05/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to natural resources; requiring a report on payment in lieu of taxes on natural resource lands.

AI Summary

This bill requires the commissioner of natural resources, in collaboration with the commissioners of revenue and management and budget, and in consultation with stakeholders like local government representatives, to submit a comprehensive report by December 1, 2026, regarding payments in lieu of taxes (PILT) for natural resource lands. The report must analyze the current payment and distribution system for these lands, which are government-owned properties that would normally generate property tax revenue if they were privately owned. Specifically, the report must examine three key areas: (1) the current payment rates for different types of natural resource lands, (2) whether the current payments adequately compensate local governments for lost potential tax revenue, and (3) the current funding mechanism for these payments and how additional land acquisitions might impact that funding. The report will be presented to legislative committee chairs and ranking minority members who oversee natural resources and tax policy, with the goal of recommending potential improvements to the existing PILT system under Minnesota Statutes sections 477A.11 to 477A.14.

Committee Categories

Agriculture and Natural Resources

Sponsors (9)

Last Action

Hearing (13:00:00 3/11/2025 ) (on 03/11/2025)

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