1997 Minnesota Statutes

     88.491 Restrictions on new auxiliary forests, extensions 
  of existing contracts.  

    Subdivision 1.  After June 30, 1974, no application for an 
 auxiliary forest contract may be accepted or approved by a 
 county board under section 88.48, and no auxiliary forest 
 contract may be executed by the commissioner of natural 
 resources under section 88.49, subdivision 1.  After June 30, 
 1974, no extension of an auxiliary forest contract may be agreed 
 upon by the commissioner of natural resources or approved by a 
 county board or the executive council under section 88.49, 
 subdivision 2.  

    Subd. 2.  When auxiliary forest contracts expire, or prior 
 to expiration by mutual agreement between the land owner and the 
 appropriate county office, the lands previously covered by an 
 auxiliary forest contract automatically qualify for inclusion in 
 the tree growth tax law; provided that when such lands are 
 included in the tree growth tax law prior to expiration of the 
 auxiliary forest contract they will be transferred in accordance 
 with the provisions of section 88.49, subdivision 5.  The land 
 owner shall pay taxes in an amount equal to the difference 
 between the amount which would have been paid had the land under 
 contract been subject to the Minnesota tree growth tax law from 
 the date of the filing of the contract and the amount actually 
 paid under section 88.51, subdivisions 1 and 2.  

    HIST: 1974 c 411 s 1,2