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MN HF1720
Bill
Status
2/27/2017
Primary Sponsor
Jeff Backer
Click for details
AI Summary
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Modifies the property tax exemption for secondary liquid agricultural chemical containment facilities under Minnesota Statutes 2016, section 272.02, subdivision 23.
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Exempts secondary containment tanks, cache basins, and berms used by licensed resellers to contain agricultural chemical spills from primary storage containers and prevent runoff or leaching of liquid agricultural chemicals.
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Defines "reseller" as a person licensed by the commissioner of agriculture under section 18B.316 or 18C.415.
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Effective beginning with taxes payable in 2016, with a grandfather clause preserving exempt status for property previously classified as exempt in 2016.
Legislative Description
Agricultural containment facility exemption modified.
Last Action
Committee report, to adopt as amended and re-refer to Property Tax and Local Government Finance Division
3/13/2017