MN HF2162

County boards may annually set aside up to 30 percent of remaining receipts from tax-forfeited land sales for forest development projects on tax-forfeited land and dedicated memorial forests.

County boards may annually set aside up to 20 percent of remaining receipts for acquisition and maintenance of county parks or recreational areas.

County boards may set aside up to 100 percent of remaining receipts for remediation of contamination at tax-forfeited properties or correction of blighted conditions at tax-forfeited properties, with elections effective for a minimum of five years unless a shorter duration is specified.

After all designated set-asides and special assessments are satisfied, any remaining balance is apportioned to county (40 percent), town or city (20 percent), and school district (40 percent).

The amendment becomes effective the day following final enactment.