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MN SF3882
Bill
Status
3/29/2018
Primary Sponsor
James Carlson
Click for details
AI Summary
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Environmental response costs liens placed on real property (excluding homestead property) expire after six years following completion of construction of the final environmental response action, rather than continuing indefinitely.
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State liens for increases in fair market value attributable to environmental response actions continue until the state recovers all response costs incurred or the lien is satisfied through sale or other means.
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Liens attached to property included in any permit for a priority qualified facility take precedence over all other liens regardless of when those other liens were perfected.
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Liens under this subdivision are not subject to foreclosure limitations under section 514.674, subdivision 2, and cannot be extinguished, limited, or impaired by application of sections 500.20 or 541.023.
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All amounts received to satisfy liens must be deposited in the remediation fund.
Legislative Description
Environmental response costs lien provisions modification
Last Action
Referred to Environment and Natural Resources Policy and Legacy Finance
3/29/2018