2011 Minnesota Statutes

290C.08 ANNUAL INCENTIVE PAYMENT; APPROPRIATION.

Subdivision 1.Annual payment.

An incentive payment for each acre of enrolled land will be made annually to each claimant in the amount determined under section 290C.07. The incentive payment shall be paid on or before October 1 each year based on the certifications due August 15 of that year. Interest at the annual rate determined under section 270C.40 shall be included with any incentive payment not paid by the later of October 1 of the year the certification was due, or 45 days after the completed certification was returned or filed if the commissioner accepts a certification filed after August 15 of the taxes payable year as the resolution of an appeal.

Subd. 2.Appropriation.

The amount necessary to make the payments under this section is annually appropriated to the commissioner from the general fund.

History:

1Sp2001 c 5 art 8 s 12; 2005 c 151 art 2 s 17