HF1922 (Legislative Session 94 (2025-2026))

Report on payment in lieu of taxes on natural resources lands required.

Related bill: SF1262

AI Generated Summary

This bill requires the Minnesota Commissioner of Natural Resources, in collaboration with the Commissioners of Revenue and Management and Budget, as well as stakeholders such as local government representatives, to prepare a report on the state's payment in lieu of taxes (PILT) system for natural resource lands. The report, due by December 1, 2026, must be submitted to legislative committees overseeing natural resources and tax policy. It should analyze the existing PILT system and recommend potential changes, including:

  1. The payment rates for different classes of natural resource lands.
  2. The adequacy of payments in compensating local governments for lost property tax revenue.
  3. The financial impact of additional land acquisitions on current PILT funding.

The goal of the report is to assess how well the PILT system supports local governments and whether modifications are necessary.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 04, 2025HouseFloorActionIntroduction and first reading, referred toEnvironment and Natural Resources Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Requirement for a detailed report on current payment systems for natural resource lands."
      ],
      "removed": [],
      "summary": "This bill mandates a report on the payment in lieu of taxes for natural resource lands under sections 477A.11 to 477A.14.",
      "modified": []
    },
    "citation": "477A.11 to 477A.14"
  }
]