MN HF3984

Expands the list of qualifying relatives who can actively farm agricultural property for special agricultural homestead classification to include grandparents, grandchildren, stepchildren, uncles, aunts, nephews, nieces, and stepparents of the owner or owner's spouse

Currently, only the owner, owner's spouse, child, sibling, or parent of the owner or owner's spouse qualifies to actively farm the property for homestead treatment

Agricultural property must consist of at least 40 acres, be actively farmed by a qualifying relative who is a Minnesota resident, and be located within four townships or cities of where the farmer lives

Qualifying relationships may be established either by blood or marriage

Effective beginning with assessment year 2027