MN SF4394

Establishes a new native prairie aid program under Minnesota Statutes chapter 477A, providing annual aid to counties containing exempt native prairie land.

Aid amount is calculated as the greatest of: (1) property tax that would have been owed if land were classified as 2b rural vacant land, (2) $5.133 per acre of native prairie land, or (3) three-fourths of one percent of estimated market value.

Counties must distribute received aid to other local taxing jurisdictions within the county in proportion to how property taxes would have been distributed if the native prairie land were taxable.

Commissioner of Natural Resources annually certifies native prairie lands to the Commissioner of Revenue, who calculates and certifies aid amounts by August 1 each year.

Provides open-ended annual appropriation from the general fund to the Commissioner of Revenue for required payments, effective beginning with aids payable in 2021.