Minnesota officials are working with Congress to rework the Green Acres act.

The Green Acres act was enacted to help farmers resist development of farmlands. The program was generated four decades ago when Minnesotians noticed the effects of suburbanization.

As of late, farmers want changes because taxes are extremely high. For example, taxes on a 140-acre farm went from $2,300 to $11,000.

Green Acres was looked at last year and breezed past. Many lawmakers took little time to work in changes that met the needs of farmers. The state’s top property tax administrator said, “if we had it to do all over again, we’d certainly like to spend more time on those provisions—we didn’t.”

The goal of the Green Acres program was to keep taxes low enough that farmers were not tempted to give into suburbanization. Government is currently listening to tax payer’s concerns and will be reworking or repealing the act.

If you are interested in purchasing a Minnesota farm please contact Farm Plus today. Farm loans are available for agriculture land and a representative will answer any questions you may have about farm loans, rates are at historic lows, now is a good time. Call 866-929-5585 or visit online.