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MN HF208
Bill
Status
1/12/2017
Primary Sponsor
Jerry Hertaus
Click for details
AI Summary
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Adds wireless communication installations and related equipment capable of providing technology beneficial to farming activities as an allowed commercial operation on agricultural preserves, effective immediately upon enactment.
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Allows surviving owners to terminate an agricultural preserve within 365 days of an owner's death by notifying the authority on a form provided by the agriculture commissioner, with termination effective July 1, 2017.
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Imposes additional taxes equal to 50 percent of current year taxes levied on properties when an agricultural preserve is terminated due to owner death, distributed proportionally among taxing jurisdictions.
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Defines "qualifying person" for termination purposes to include partners, shareholders, trustees, and members of entities that owned the agricultural preserve.
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Updates the effective date for "existing" farm buildings from August 1, 1989 to August 1, 1987 for one agricultural preserve statute and defines similar terms for another statute.
Legislative Description
Commercial and industrial operations on agricultural preserves provisions modified, and early termination of an agricultural preserve provided.
Last Action
Committee report, to adopt as amended and re-refer to Property Tax and Local Government Finance Division
3/16/2017