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MN SF4110
Bill
Status
3/9/2020
Primary Sponsor
Caroline Ruud
Click for details
AI Summary
S.F. No. 4110 Summary
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Allows early withdrawal from the Sustainable Forest Incentive Act without penalty when state of Minnesota, local government units, or entities with eminent domain power acquire land for public purposes.
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Permits penalty-free early withdrawal when government or nonprofit entities acquire permanent conservation easements on enrolled property that are at least as restrictive as the required covenant.
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Authorizes early withdrawal without penalty for land acquired or leased by the state or political subdivisions for the public purpose of a paved trail.
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Enables early withdrawal without penalty for land conveyed to initiate the Boundary Waters Canoe Area Wilderness private forest land alternative with the U.S. Department of Agriculture and a nonprofit partner.
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Requires the commissioner of natural resources to notify the commissioner of eligible lands under these provisions and to execute documents releasing the land from covenant requirements.
Legislative Description
Sustainable Forest Incentive Act early withdrawal authorization
Last Action
Referred to Taxes
3/9/2020