There will be more beneficiaries

The register of recipients of mutual payments will expand. The law-in-draft, introduced by President Vadim Krasnoselsky, was adopted by parliamentarians in the final reading. The list of citizens eligible for annual remuneration from the target share fund will be supplemented by employees of inter-collective farms and organizations. At the same time, former workers of collective farms and state farms, whose working experience in the holding totals 15 years or more, will be able to receive share payments.

The Government will form a list of intercollective associations that operated in the sphere of land reclamation, transport, mechanization, seed production and others. Thus, all enterprises that worked during that period will be taken into account.

The parliamentarians also supported the amendment of the deputies of the profile committee on agrarian and industrial complex issues, which provides for the right of the state to buy out the share of the shareholder who inherited it.

The target share fund, from which payments are made to the shareholders, is supplemented by contributions from land users. The tax burden per hectare of cultivated land in our republic is higher than in the neighboring ones. According to the head of the profile parliamentary committee, the legislation in the sphere of land relations requires special attention.