1998 Minnesota Code
Chapters 270 - 271 Taxation, Supervision, Data Practices
Chapter 270 Department of Revenue
Section 270.36 Computation of tax.
270.36 Computation of tax.
Subdivision 1. Order; publication; computation of values. After the county board has determined the average annual growth rates in accordance with section 270.34, they shall make an order and cause a resolution regarding such order to be published in the minutes of the county board meeting. The county board shall file the order with the county recorder. Thereafter the county auditor shall compute the values of the annual growth of the types of timber growing in the county as defined in section 270.33, subdivision 17, and shall post a tabulation of the values in the auditor's office and prepare copies of the same for dissemination to all persons who may request them.
Subd. 2. Rates of tax. The forest lands made subject to taxation under sections 270.31 to 270.39 shall be taxed at the following rates:
1. Lands growing commercial forest type shall be taxed each year in the amount of 30 percent of the value of the estimated average annual growth as determined in accordance with sections 270.31 to 270.39.
2. Temporarily nonproductive forest type shall be taxed five cents per acre per year, providing the owner complies with an agreement for reforestation within the time specified in the agreement. In the event of noncompliance, the land shall thereafter be subject to a 15 cents per acre per year tax.
3. Permanently nonproductive lands shall be subject to a five cents per acre tax per year.
4. Lands described in this section and used for administrative or management purposes, such as roads, logging camps or worksites, and other harvest of timber, or for free public recreation shall be classified the same as adjoining lands under the Tree Growth Tax Law.
5. Camp buildings or any temporary buildings shall be taxed as personal property and taxed and classed for the purpose of taxation as class 3.
HIST: 1957 c 639 s 6; 1963 c 418 s 4; 1976 c 181 s 2; 1986 c 444
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