MN HF4822

Creates new public auction requirement for tax-forfeited property sales with minimum bid equal to delinquent taxes, special assessments, penalties, interest, and costs, occurring within six months of forfeiture.

Establishes process for distributing surplus proceeds from tax-forfeited property sales to interested parties, with 60-day notification requirement and six-month claim filing deadline.

Reserves iron-bearing stockpiles, minerals, and mineral interests for sale to the state at $50, with interested parties able to claim excess value through commissioner of natural resources determination.

Allows interested parties to repurchase tax-forfeited property before public sale by paying all delinquent taxes, assessments, penalties, interest, and costs.

Appropriates $1,537,000 annually from general fund to commissioner of natural resources to perform duties under the new tax-forfeited land sale provisions.