2025 Session
Last amended: 2009 session
§ 290C.06 — Calculation of Average Estimated Market Value; Managed Forest Land
Plain-Language Summary
This section explains how the average estimated market value of managed forest land is calculated for purposes of the incentive payment.
290C.06 CALCULATION OF AVERAGE ESTIMATED MARKET VALUE; MANAGED FOREST LAND.
The commissioner shall annually calculate a statewide average estimated market value per acre for class 2c managed forest land under section 273.13, subdivision 23.
History:
1Sp2001 c 5 art 8 s 10; 2009 c 88 art 10 s 15
History: History: 1Sp2001 c 5 art 8 s 10; 2009 c 88 art 10 s 15
Practical Notes
The incentive payment amount is based on the assessed value of your forest land. This section explains the formula used to calculate that value.