HF 4412

as introduced - 90th Legislature (2017 - 2018) Posted on 04/16/2018 02:20pm

A bill for an act
relating to taxation; payment-in-lieu of taxation; limiting the valuation reduction
for acquired natural resources land; amending Minnesota Statutes 2017 Supplement,
section 477A.12, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2017 Supplement, section 477A.12, subdivision 1, is
amended to read:

Subdivision 1.

Types of land; payments.

The following amounts are annually
appropriated to the commissioner of natural resources from the general fund for transfer to
the commissioner of revenue. The commissioner of revenue shall pay the transferred funds
to counties as required by sections 477A.11 to 477A.14. The amounts, based on the acreage
as of July 1 of each year prior to the payment year, are:

(1) $5.133 multiplied by the total number of acres of acquired natural resources land or,
at the county's option three-fourths of one percent of the appraised value of all acquired
natural resources land in the county, whichever is greater new text begin , except that the appraised value
of all acquired natural resources land in the county shall not be reduced below the 2010
appraised value for the land new text end ;

(2) $5.133, multiplied by the total number of acres of transportation wetland or, at the
county's option, three-fourths of one percent of the appraised value of all transportation
wetland in the county, whichever is greater;

(3) $5.133, multiplied by the total number of acres of wildlife management land, or, at
the county's option, three-fourths of one percent of the appraised value of all wildlife
management land in the county, whichever is greater;

(4) 50 percent of the dollar amount as determined under clause (1), multiplied by the
number of acres of military refuge land in the county;

(5) $2, multiplied by the number of acres of county-administered other natural resources
land in the county;

(6) $5.133, multiplied by the total number of acres of land utilization project land in the
county;

(7) $2, multiplied by the number of acres of commissioner-administered other natural
resources land in the county; and

(8) without regard to acreage, and notwithstanding the rules adopted under section
84A.55, $300,000 for local assessments under section 84A.55, subdivision 9, that shall be
divided and distributed to the counties containing state-owned lands within a conservation
area in proportion to each county's percentage of the total annual ditch assessments.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective beginning with aids payable in 2018.
For aids payable in 2018, the commissioner of natural resources must recertify the amounts
under this section to the commissioner of revenue by June 15, 2018.
new text end