Extension to lead 2c Managed Forest Land outreach
The University of Minnesota Extension has agreed to lead new outreach around Minnesota’s new 2c Managed Forest Lands law.
2c Managed Forest Land, a property tax class created by the 2008 Legislative session, provides a 35% reduction from the previous forest land class rate. SFIA offers an incentive payment to landowners, currently $8.61 per acre per year. Both programs require landowners to follow a forest management plan.
Extension’s educational program, to include printed materials, workshops, and web-based content, will help landowners understand the requirement and tradeoffs of these two programs.
Extension is working with partners at the Department of Natural Resources-Division of Forestry, Department of Revenue, and others. Funding has been provided by the Experiment in Rural Co-operation.
You can read more about the new tax class at these links:
- Our August announcement of the new tax classification, with an overview of the program, explanation of how it works, and related links.
- MN Department of Revenue’s 2c Managed Forest Land page, including the application form.
- Bruce ZumBahlen’s overview of the 2c Managed Forest Land program.
- MN Department of Revenue’s SFIA page.