Legislative Session number- 85

Bill Name: SF1754

Establishing an aggregate resource preservation property tax program for the
valuation and classification of property containing certain unmined commercial
aggregate deposit; specifying qualifying property and certain affidavit and
valuation deferment application requirements, requiring a covenant restricting
use; providing for county assessor determination of value as agricultural
property; authorizing cancellation of the covenant under certain conditions;
permitting county termination and reauthorization upon county board resolution
adoption, prospective application; subjecting property no longer qualifying to
certain additional taxes, additional taxes to be a lien on the property;
requiring property owner filing of supplemental affidavits upon the start of
mining activity, requiring removal of the property from the program, requiring
documentation filing with county assessors, local zoning administrators and the
department of natural resources (DNR), requiring supplemental affidavit filing
for each subsequent mining, minimum acreage requirement
(rt)