§ 483-a. Farm silos, farm feed grain storage bins, commodity sheds,
bulk milk tanks and coolers, and manure storage and handling facilities.
1. The following structures permanently affixed to agricultural land
shall be exempt from taxation, special ad valorem levies and special
assessments: (a) structures for the purpose of preserving and storing
forage in edible condition; (b) farm feed grain storage bins; (c)
commodity sheds; (d) bulk milk tanks and coolers used to hold milk
awaiting shipment to market; and (e) manure storage, handling and
treatment facilities, including composting of agricultural materials,
such as livestock manure and farming wastes, food residuals or other
organic wastes associated with food production or consumption with at
least fifty percent by weight of its feedstock on an annual basis being
livestock manure, farming wastes and crops grown specifically for use as
composting feedstock. "Food residuals" means organic material,
including, but not limited to, food scraps, food processing residue, and
related soiled or unrecyclable paper used in food packaging, preparation
or cleanup.

2. The exemption provided by subdivision one of this section shall
only be granted upon the application of the owner of the property upon
which such structures are located, on a form to be prescribed by the
commisssioner. Such application shall be filed on or before the
appropriate taxable status date with the assessor of the municipality
having the power to assess real property. Once an exemption is granted,
no renewal thereof shall be necessary.

3. For the purposes of this section, the terms "farm feed grain
storage bin" and "commodity shed" shall mean a limited use structure
designed and used for the storage of grains, feed grains and other feed
components which may have a flat or conical bottom and is designed
specifically for on farm storage.