MN SF908

Amends Minnesota Statutes section 282.08 to allow county boards to set aside up to 100 percent of net proceeds from tax-forfeited land sales for remediation of contamination or correction of blighted conditions at tax-forfeited properties.

County boards may annually set aside no more than 30 percent of remaining receipts for forest development on tax-forfeited land and dedicated memorial forests, with projects limited to improving forest health and management.

County boards may annually set aside no more than 20 percent of remaining receipts for acquisition and maintenance of county parks or recreational areas.

Any balance remaining after allocations must be distributed to county (40 percent), town or city (20 percent), and school district (40 percent), with unorganized territory portions administered by the county board.

An election to use proceeds for contamination remediation, blight correction, or other purposes is effective for a minimum of five years, unless the county board specifies a shorter duration.