MN HF610

Allows agricultural property held by a trustee under a trust to qualify for agricultural homestead classification if qualifications are met, with "owner" defined as the grantor of the trust rather than the trustee.

Expands trust property homestead eligibility under subdivision 21 to include properties meeting the qualifications in subdivision 14, paragraph (b), clause (i), with "owner" meaning the grantor of the trust or surviving spouse of the grantor.

Defines "agricultural land" for trust purposes to include contiguous tax parcels owned by an individual and a trust where the individual, spouse, or deceased spouse is the grantor, or by different trusts with grantors that are any combination of an individual, spouse, or deceased spouse.

Allows noncontiguous land to be included as part of a homestead if the homestead is classified as class 2a and located in the same township or city, or not farther than four townships or cities from the homestead, with taxpayer notification requirements to county assessors.

Amendments are effective beginning for property taxes payable in 2018.