Definition modification of agricultural products for class 2 agricultural property classification

This bill modifies Minnesota's property tax classification system for agricultural land. It clarifies what qualifies as "agricultural land" for Class 2a (farm property) and Class 2c (managed forest land) by including adjacent land features like sloughs, windbreaks, or land impractical to value separately. Class 2c managed forest land, requiring a forest management plan, now qualifies for a reduced tax rate of 0.65% (down from 1% for standard Class 2a). This primarily affects rural property owners, including farmers and forest landowners, who may qualify for lower tax rates by meeting the new classification criteria.