This bill, Minnesota Senate File No. 2108, relates to taxation and payments in lieu of taxation (PILT) for certain state-owned lands. Specifically, it seeks to amend Minnesota Statutes, Section 477A, by refining definitions and adjusting payment structures for specific types of land, including lakeshore properties.

Key provisions of the bill include: 1. Establishing New Definitions: The bill modifies existing statutory language to differentiate between "Other Natural Resources Land" and newly defined "Other Lakeshore Land." 2. Modifications to Tax-Exempt Land Categories: The bill amends section 477A.11, subdivision 4, by excluding "Other Lakeshore Land" from the definition of “Other Natural Resources Land.” 3. Adjusting Payments for Lakeshore Land: The bill introduces provisions for payments in lieu of taxation (PILT) for additional lakeshore properties, ensuring that local governments receive compensation for tax-exempt state-owned land.

The bill was introduced on March 3, 2025, and referred to the Senate Taxes Committee for further consideration.