Minnesota HF163 modifies application requirements for special agricultural homesteads.

Minnesota HF163 amends the application requirements for special agricultural homesteads. It specifies that an initial full application must be submitted to the county assessor. Owners and those actively farming the property need only complete a one-page abbreviated version in subsequent years unless ownership changes or specified information has changed. The bill details criteria for maintaining homestead classification, including ownership, location, and agricultural use value. It also outlines conditions for family farm corporations, joint ventures, and limited liability companies.

Minnesota HF163 modifies application requirements for special agricultural homesteads.

Minnesota HF163 amends the application requirements for special agricultural homesteads. It specifies that an initial full application must be submitted to the county assessor. Owners and those actively farming the property need only complete a one-page abbreviated version in subsequent years unless ownership changes or specified information has changed. The bill details criteria for maintaining homestead classification, including ownership, location, and agricultural use value. It also outlines conditions for family farm corporations, joint ventures, and limited liability companies.