Minnesota SF2108 modifies payments for lakeshore land to counties.

Minnesota SF2108 amends the state's tax code to modify payments in lieu of taxes for certain lakeshore land. The bill establishes definitions for various types of land, including other lakeshore land, which refers to parcels of other natural resources land abutting lakes. It sets specific payment rates for different categories of land, such as wildlife management land and military refuge land, based on acreage or appraised value. The bill also outlines how payments should be distributed among counties and townships, prioritizing uses like resource development and property tax levy reduction.

Minnesota SF2108 modifies payments for lakeshore land to counties.

Minnesota SF2108 amends the state's tax code to modify payments in lieu of taxes for certain lakeshore land. The bill establishes definitions for various types of land, including other lakeshore land, which refers to parcels of other natural resources land abutting lakes. It sets specific payment rates for different categories of land, such as wildlife management land and military refuge land, based on acreage or appraised value. The bill also outlines how payments should be distributed among counties and townships, prioritizing uses like resource development and property tax levy reduction.