1999 Minnesota Statutes

     270.35 Stumpage value, use in computing tax.  

    The stumpage value for each species to be used in computing 
 the tax in any county shall be computed in each even numbered 
 year and shall be the average sale price received by the state 
 upon all of its sales of sound standing timber of the species 
 during the previous two calendar years.  In the event there have 
 been no sales of the species or products within the county 
 within the previous two calendar years, or less than 500 cords 
 of the various products have been sold which is insufficient to 
 estimate a fair and equitable stumpage price for the various 
 products grown, the commissioner of natural resources shall set 
 a stumpage price for such species, with the right of appeal by 
 any aggrieved persons to the commissioner of revenue as set 
 forth in section 270.34 in the event any such person is 
 aggrieved by such determination.  

    HIST: 1957 c 639 s 5; 1963 c 418 s 3; 1969 c 1129 art 10 s 2; 
 1973 c 582 s 3; 1974 c 556 s 7; 1986 c 444