Farmers with concerns about the Green Acres program might have fewer sleepless nights now that changes have once again been made to the law.
A new law, signed April 3 by Gov. Tim Pawlenty, with most changes effective in 2011, creates a rural preserve program, in which land can be placed if it is classified as “rural vacant land.”
Rural preserve is a 10-year covenant that runs with the land, not the person. To qualify for rural preserve, a conservation plan must be written. The covenant provision will take effect in 2013, which means people have until then to make a decision on what to do with the land.
Also in the law are new federal tax conformity pieces that include most changes implemented between February 2008 and Dec. 31, 2008. Those changes are effective April 4, 2009.
HF392*/SF252/CH12
Revenue raiser raises none
Tax reprieve for flood victims
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Published 6/1/2010
Betting on TIF
Expanded use of development tool key component to ‘jobs’ new law
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Published 4/8/2010
Finding funding
Tax ‘jobs’ bill struggles its way to the House floor
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Published 3/25/2010
Targeting investment
Projects ready to go by July 1, 2011, could benefit from tax bill
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Published 3/18/2010
At Issue: Holding firm on funding positions
Historic deficit magnifies differences on how to pay for state services
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Published 5/29/2009
At Issue: Dealing with difficult reform
Tax bill squeaks by House floor, conferees begin work
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Published 5/1/2009
First Reading: Mustering courage and bold reform
‘Tough’ choices made in tax bill; new bracket created, some loopholes closed
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Published 4/24/2009
Minnesota Index: Taxes
Figures and statistics on taxes in Minnesota
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Published 4/24/2009
At Issue: Innovating property taxes
House division chair takes a stab at reform
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Published 4/3/2009
At Issue: Giving back local control
Counties could have option to impose sales tax
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Published 3/27/2009
First Reading: Making the state more progressive
Tax chairs take a stab at reform
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Published 3/20/2009
At Issue: Challenges ahead for taxpayers
Division seeks public’s input into property tax issues
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Published 1/9/2009