Minnesota § 473H.18 TRANSFER FROM AGRICULTURAL PROPERTY TAX LAW TREATMENT

Minnesota Statutes

§ 473H.18 — TRANSFER FROM AGRICULTURAL PROPERTY TAX LAW TREATMENT

Minnesota § 473H.18

PartMETROPOLITAN AREA

Ch. 473HMETROPOLITAN AGRICULTURAL PRESERVES

This text of Minnesota § 473H.18 (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. § 473H.18 (2026).

Text

When land which has been receiving the special agricultural valuation and tax deferment provided in section273.111becomes an agricultural preserve pursuant to sections473H.02to473H.17, the recapture of deferred tax and special assessments, as provided in section273.111, subdivisions 9 and 11, shall not be made. Special assessments deferred under section273.111shall continue to be deferred for the duration of the preserve. For purposes of this section, "deferred special assessments" shall include the total amount of deferred special assessments under section273.111on the property, including any portion of the deferred special assessments which have not yet been levied at the time the property transfers to the agricultural preserves program under this chapter. All special assessments so defe

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When land which has been receiving the special agricultural valuation and tax deferment provided in section273.111becomes an agricultural preserve pursuant to sections473H.02to473H.17, the recapture of deferred tax and special assessments, as provided in section273.111, subdivisions 9 and 11, shall not be made. Special assessments deferred under section273.111shall continue to be deferred for the duration of the preserve. For purposes of this section, "deferred special assessments" shall include the total amount of deferred special assessments under section273.111on the property, including any portion of the deferred special assessments which have not yet been levied at the time the property transfers to the agricultural preserves program under this chapter. All special assessments so deferred shall be 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 section473H.09, all special assessments accruing to the terminated portion plus interest shall be 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 section473H.15all special assessments accruing to the taken portion plus interest shall be payable within 90 days of the date the final certificate is filed with the court administrator of district court in accordance with section117.205.