Establishes a land monument protection fund and sets a new fee for mortgage and deed registration in Minnesota.
The bill establishes a land monument protection fund in the state treasury, which will receive fees from mortgage and deed registrations. A new fee is set for the registration of a mortgage or deed, separate from existing fees. The fund will be used to support the public land survey system monument grant program. The tax rates and fee details are specified, with the changes effective from July 1, 2026.
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