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Bill > HF2011


MN HF2011

MN HF2011
Green acres tax deferment requirements modified.


summary

Introduced
03/06/2025
In Committee
03/06/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; property; modifying the requirements for green acres tax deferment; amending Minnesota Statutes 2024, section 273.111, subdivisions 3, 8, by adding a subdivision.

AI Summary

This bill modifies the Green Acres tax deferment program, which allows agricultural land to receive reduced property tax assessments, by introducing new requirements specifically for land located in the southeast karst region of Minnesota (which includes Dodge, Fillmore, Goodhue, Houston, Mower, Olmsted, Wabasha, and Winona Counties). Starting in 2027, landowners in this region must develop and maintain a nutrient management plan, which is a site-specific strategy for applying fertilizers and nutrients to minimize environmental loss. The bill defines a nutrient management plan as a plan that determines the appropriate source, method, rate, and timing of nutrient applications. Landowners in the southeast karst region must submit their nutrient management plan to the local soil and water conservation district by April 1 of the year before taxes are payable, and the plan remains valid until the property no longer qualifies for the tax deferment or the plan changes. The soil and water conservation district will then annually certify these plans to the county assessor by May 1, ensuring ongoing compliance with the new requirements.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Introduction and first reading, referred to Taxes (on 03/06/2025)

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