Relating to taxation; modifying the Minnesota agricultural property tax law
(Green Acres); eliminating the disqualification of reinvest in Minnesota (RIM)
and the federal conservation reserve program (CRP) for property tax deferment; providing for property that no longer qualifies as agricultural under 2008 law changes, allowing reenrollment under certain conditions upon sale or transfer to a qualifying owner; modifying agricultural property qualifying for tax deferment determination of value by requiring the commissioner of revenue to undertake a certain study; expanding the classification of property definition for agricultural land to include certain contiguous land
(rt)