This bill establishes a Land Monument Protection Fund within the state treasury, which will be funded by new fees associated with the recording of mortgages and deeds. Specifically, the county recorder or registrar of titles is required to charge a fee for each mortgage and deed recorded, with the revenue directed to this fund. The bill amends Minnesota Statutes 2024, sections 287.035 and 287.21, to include these new fees, which are separate from existing fees outlined in other sections. The effective date for these changes is set for July 1, 2026.

Additionally, the bill creates a new section, 287.40, which outlines the purpose of the Land Monument Protection Fund. The fund will consist of all fees collected under the amended sections and any other contributions made to it. Revenue from this fund will be appropriated annually to the commissioner of information technology services to support the public land survey system monument grant program. This initiative aims to enhance the protection and maintenance of land monuments critical to the public land survey system.

Statutes affected:
Introduction: 287.035, 287.21