Extension to lead 2c Managed Forest Land outreach

October 13, 2008 at 3:00 pm Leave a comment

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:

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Entry filed under: financial aspects, property tax. Tags: , , , .

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News and information of interest to Minnesota woodland owners. Sister site to MyMinnesotaWoods.org.

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