Minnesota Legislature
HF 3943
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Current Version - as introduced
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A bill for an act
relating to taxation; modifying requirements applicable to the green acres
property tax program; amending Minnesota Statutes 2006, section 273.111,
subdivisions 6, 8, 14.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2006, section 273.111, subdivision 6, is amended to read:
Subd. 6.
Agricultural use.
Real property qualifying under subdivision 3 new text begin and used
for agricultural production new text end shall be considered to be in agricultural use provided that
annually:
(1) at least 33-1/3 percent of the total family income of the owner is derived
therefrom, or the total production income including rental from the property is $300 plus
$10 per tillable acre; and
(2) it is devoted to the production for sale of agricultural products as defined in
section 273.13, subdivision 23, paragraph (e).
Slough, wasteland, and woodland deleted text begin contiguous to or surrounded by land thatdeleted text end is
new text begin not new text end entitled to valuation and tax deferment under this section deleted text begin is considered to be in
agricultural use if under the same ownership and managementdeleted text end new text begin unless it is used for
agricultural productionnew text end .
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for taxes payable in 2009, and
thereafter.
new text end
Sec. 2.
Minnesota Statutes 2006, section 273.111, subdivision 8, is amended to read:
Subd. 8.
Application.
Application for deferment of taxes and assessment under this
section shall be filed by May 1 of the year prior to the year in which the taxes are payable.
Any application filed hereunder and granted shall continue in effect for subsequent years
until the property no longer qualifies. Such application shall be filed with the assessor
of the taxing district in which the real property is located on deleted text begin suchdeleted text end new text begin thenew text end form deleted text begin as may bedeleted text end
prescribed by the commissioner of revenuenew text begin , and must include a copy of the Schedule F
included in the most recently filed federal income tax return of the applicantnew text end . The assessor
may require proof by affidavit or otherwise that the property qualifies under subdivisions
3 and 6.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for applications filed after May
1, 2008.
new text end
Sec. 3.
Minnesota Statutes 2006, section 273.111, subdivision 14, is amended to read:
Subd. 14.
Applicability of special assessment provisions.
This section shall apply
to special local assessments levied after July 1, 1967, and payable in the years thereafter,
but shall not apply to any special assessments levied at any time by a county or district
court under deleted text begin the provisions ofdeleted text end chapter 116Anew text begin or by a watershed district under chapter 103Dnew text end .
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for special assessments levied after
May 31, 2008, or, as applied to special assessments levied before June 1, 2008, to property
that initially qualifies for valuation under section 273.111, for taxes levied in 2008.
new text end