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Current as of January 01, 2023 | Updated by FindLaw Staff
The purposes of sections 477A.11 to 477A.14 and 477A.17 are:
(1) to compensate local units of government for the loss of tax base from state ownership of land and the need to provide services for state land;
(2) to address the disproportionate impact of state land ownership on local units of government with a large proportion of state land; and
(3) to address the need to manage state lands held in trust for the local taxing districts.
Cite this article: FindLaw.com - Minnesota Statutes Public Debt; Local Government Aid (Ch. 474-477A) § 477A.10. Natural resources land payments in lieu; purpose - last updated January 01, 2023 | https://codes.findlaw.com/mn/public-debt-local-government-aid-ch-474-477a/mn-st-sect-477a-10/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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