Minnesota § 40A.19 TRANSFER FROM AGRICULTURAL PROPERTY TAX LAW TREATMENT

Minnesota Statutes

§ 40A.19 — TRANSFER FROM AGRICULTURAL PROPERTY TAX LAW TREATMENT

Minnesota § 40A.19

PartAGRICULTURE

Ch. 40AAGRICULTURAL LAND PRESERVATION PROGRAM

This text of Minnesota § 40A.19 (TRANSFER FROM AGRICULTURAL PROPERTY TAX LAW TREATMENT) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 40A.19 (2026).

Text

When land which has been receiving the special agricultural valuation and tax deferment provided in section273.111becomes an agricultural preserve under sections40A.02to40A.17, the recapture of deferred tax and special assessments as provided in section273.111, subdivisions 9 and 11, may not be made. Special assessments deferred under section273.111, at the date of commencement of the preserve, must continue to be deferred for the duration of the preserve. All these deferred special assessments are payable within 90 days of the date of expiration unless other terms are mutually agreed upon by the authority and the owner. In the event of early termination of a preserve or a portion of it under section40A.11, subdivision 5, all special assessments accruing to the terminated portion plus inte

Free access — add to your briefcase to read the full text and ask questions with AI

When land which has been receiving the special agricultural valuation and tax deferment provided in section273.111becomes an agricultural preserve under sections40A.02to40A.17, the recapture of deferred tax and special assessments as provided in section273.111, subdivisions 9 and 11, may not be made. Special assessments deferred under section273.111, at the date of commencement of the preserve, must continue to be deferred for the duration of the preserve. All these deferred special assessments are payable within 90 days of the date of expiration unless other terms are mutually agreed upon by the authority and the owner. In the event of early termination of a preserve or a portion of it under section40A.11, subdivision 5, all special assessments accruing to the terminated portion plus interest are payable within 90 days of the date of termination unless otherwise deferred or abated by executive order of the governor. In the event of a taking under section40A.122, all special assessments accruing to the taken portion plus interest are payable within 90 days of the date the final certificate is filed with the court administrator of district court in accordance with section117.205.