MN SF4828

Amends Minnesota Statutes section 273.13, subdivision 23 to modify the definition of agricultural land for property tax classification purposes.

Adds new subsection (f)(3) creating a second pathway for properties under 11 acres with a residence to qualify as agricultural land if used for market farming and the owner provides either a federal Schedule F showing at least $5,000 farm income or a farm financial plan demonstrating intent to earn $5,000 within two years.

Clarifies that "market farming" means cultivation of fruits, vegetables, or animal/agricultural products for sale to local markets by the farmer or affiliated organization.

Effective beginning with assessment year 2025.

Exempts commissioner definitions under paragraphs (c) and (d) from Minnesota rulemaking requirements in chapter 14.