It is the policy of this state to promote sustainable forest resource management on the state's public and private lands. Recognizing that private forests comprise approximately one-half of the state forest land resources, that healthy and robust forest land provides significant benefits to the state of Minnesota, and that ad valorem property taxes represent a significant annual cost that can discourage long-term forest management investments, this chapter, hereafter referred to as the "Sustainable Forest Incentive Act," is enacted to encourage the state's private forest landowners to make a long-term commitment to sustainable forest management.
HIST: 1Sp2001 c 5 art 8 s 5
* NOTE: This section, as added by Laws 2001, First Special *Session chapter 5, article 8, section 5, is effective for taxes *levied in 2002, payable in 2003, and thereafter. Laws 2001, *First Special Session chapter 5, article 8, section 5, the *effective date.
Official Publication of the State of Minnesota
Revisor of Statutes