Minnesota Statutes
Chapter 298 — Minerals Taxes
Section 298.227 — Taconite Economic Development Fund.

An amount equal to that distributed pursuant to each taconite producer's taxable production and qualifying sales under section 298.28, subdivision 9a, shall be held by the commissioner of Iron Range resources and rehabilitation in a separate taconite economic development fund for each taconite and direct reduced ore producer. Money from the fund for each producer shall be released by the commissioner after review by a joint committee consisting of an equal number of representatives of the salaried employees and the nonsalaried production and maintenance employees of that producer. The District 11 director of the United States Steelworkers of America, on advice of each local employee president, shall select the employee members. In nonorganized operations, the employee committee shall be elected by the nonsalaried production and maintenance employees. The review must be completed no later than six months after the producer presents a proposal for expenditure of the funds to the committee. The funds held pursuant to this section may be released only for workforce development, concurrent reclamation, plant and stationary mining equipment, facilities for the producer, or for research and development in Minnesota on new mining, taconite, iron, or steel production technology, but only if the producer provides a matching expenditure equal to the amount of the distribution to be used for the same purpose. If a proposed expenditure is not approved by the commissioner, after consultation with the advisory board, the funds must be deposited in the taconite environmental protection fund under sections 298.222 to 298.225. If a taconite production facility is sold after operations at the facility had ceased, any money remaining in the fund for the former producer may be released to the purchaser of the facility on the terms otherwise applicable to the former producer under this section. If a producer fails to provide matching funds for a proposed expenditure within six months after the commissioner approves release of the funds, the funds may be released by the commissioner for deposit in the taconite area environmental protection fund created in section 298.223. Any portion of the fund which is not released by the commissioner within one year of its deposit in the fund shall be distributed to the taconite environmental protection fund.
1992 c 511 art 9 s 8; 1993 c 375 art 16 s 1; 1994 c 587 art 6 s 2; 1995 c 264 art 7 s 2; 1996 c 471 art 12 s 1; 1Sp2001 c 5 art 6 s 21; 2003 c 127 art 11 s 12; 2006 c 259 art 12 s 9; 2007 c 135 art 5 s 1; 2008 c 366 art 10 s 5; 2009 c 78 art 7 s 16; 2009 c 88 art 12 s 7; 2010 c 216 s 18; 2013 c 3 s 17; 2013 c 143 art 11 s 3; 2017 c 94 art 7 s 40; 1Sp2017 c 1 art 11 s 15; 2018 c 198 s 1

Structure Minnesota Statutes

Minnesota Statutes

Chapters 296 - 299 — Excise And Sales Taxes

Chapter 298 — Minerals Taxes

Section 298.001 — Definitions.

Section 298.01 — Mining Or Producing Ores.

Section 298.015 — Net Proceeds Tax On Mining.

Section 298.016 — Gross Proceeds.

Section 298.018 — Distribution Of Proceeds.

Section 298.16 — Taxes To Be Credited To General Fund.

Section 298.17 — Occupation Taxes To Be Apportioned.

Section 298.18 — Taxes To Go To General Fund If Section 298.17 Invalid.

Section 298.22 — Iron Range Resources And Rehabilitation.

Section 298.221 — Receipts From Contracts; Appropriation.

Section 298.2211 — Financing Activities.

Section 298.2212 — Investment Of Funds.

Section 298.2214 — Iron Range Higher Education.

Section 298.2215 — County Scholarship Program.

Section 298.222 — Citation.

Section 298.223 — Taconite Area Environmental Protection Fund.

Section 298.224 — Investment Of Funds; Income.

Section 298.225 — Appropriation.

Section 298.227 — Taconite Economic Development Fund.

Section 298.24 — Tax On Taconite And Iron Sulphides.

Section 298.25 — Taxes Additional To Occupation Tax; In Lieu Of Other Taxes.

Section 298.26 — Tax On Unmined Taconite And Iron Sulphides.

Section 298.27 — Collection And Payment Of Tax.

Section 298.28 — Division And Distribution Of Proceeds.

Section 298.282 — Distribution Of Taconite Municipal Aid Account; Taconite Municipal Aid; Payment.

Section 298.283 — Change Of Status Of Municipality; Date For Determining Status.

Section 298.285 — State Aid Amount; Appropriation.

Section 298.291 — Citation.

Section 298.292 — Policy.

Section 298.293 — Expending Funds.

Section 298.294 — Investment Of Fund.

Section 298.296 — Operation Of Fund.

Section 298.2961 — Producer Grants.

Section 298.297 — Advisory Committees.

Section 298.31 — [Private, 1945 c 283 s 1]

Section 298.34 — Semitaconite, Taxation, Definitions.

Section 298.35 — Imposition Of Tax; Amount.

Section 298.36 — Nature Of Tax.

Section 298.37 — Assessment At Local Tax Rate.

Section 298.38 — Payment And Collection.

Section 298.39 — Distribution Of Proceeds.

Section 298.391 — Agglomerating Facilities Definitions.

Section 298.392 — Qualification Of Agglomerating Facilities; Procedure And Order.

Section 298.393 — Imposition Of Tax; Amount.

Section 298.394 — Nature Of Tax.

Section 298.395 — Payment And Collection.

Section 298.396 — Distribution Of Proceeds.

Section 298.405 — Iron Ore Bearing Material Other Than Taconite And Semitaconite; Taxation.

Section 298.46 — Exploratory Drilling For Iron Ore.

Section 298.47 — Notification Of Commissioner Of Revenue Of Unmined Iron Ore.

Section 298.48 — Mineral Rights; Exploration Data; Filing Requirements; Penalties.

Section 298.75 — Aggregate Material Removal; Production Tax.