Minnesota SF1262 requires a report on the payment in lieu of taxes for natural resource lands.

Minnesota SF1262 mandates that the commissioner of natural resources, in collaboration with the commissioners of revenue and management and budget, and stakeholders, must report to the chairs and ranking minority members of the legislative committees with jurisdiction over natural resources and tax policy and finance. The report, due by December 1, 2026, must include an analysis of the current payment and distribution system for natural resource lands, and any recommended changes.

Minnesota SF1262 requires a report on the payment in lieu of taxes for natural resource lands.

Minnesota SF1262 mandates that the commissioner of natural resources, in collaboration with the commissioners of revenue and management and budget, and stakeholders, must report to the chairs and ranking minority members of the legislative committees with jurisdiction over natural resources and tax policy and finance. The report, due by December 1, 2026, must include an analysis of the current payment and distribution system for natural resource lands, and any recommended changes.