1.1 A bill for an act
1.2 relating to natural resources; requiring a report on payment in lieu of taxes on
1.3 natural resource lands.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. PAYMENT IN LIEU OF TAXES ON NATURAL RESOURCE LANDS;
1.6REPORT.
1.7 By December 1, 2026, the commissioner of natural resources, in cooperation with the
1.8commissioners of revenue and management and budget, and stakeholders, including
1.9representatives from affected local units of government and other interested parties, must
1.10report to the chairs and ranking minority members of the legislative committees with
1.11jurisdiction over natural resources and tax policy and finance with recommended changes
1.12to payment in lieu of taxes for natural resource lands under Minnesota Statutes, sections
1.13477A.11 to 477A.14. The report must include an analysis of the current payment and
1.14distribution system and any recommended changes, including an analysis of the:
1.15 (1) rate of payments for specific classes of natural resource lands;
1.16 (2) adequacy of payments to local units of government to offset the tax revenue that
1.17would have been collected if the lands were in private ownership; and
1.18 (3) current funding for payments and the impact of additional land acquisition on the
1.19funding.
1Section 1.
25-02320 as introduced01/16/25 REVISOR CKM/AC
SENATE
STATE OF MINNESOTA
S.F. No. 1262NINETY-FOURTH SESSION
(SENATE AUTHORS: EICHORN, Farnsworth and Hauschild)
OFFICIAL STATUSD-PGDATE
Introduction and first reading02/13/2025
Referred to Environment, Climate, and Legacy