Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Tom Bottern
Director
   Senate   
State of Minnesota
 
 
 
 
 
S.F. No. 3580 - Iron Range resources and rehabilitation (with SCS3580A-1 Amendment)
 
Author: Senator Thomas M. Bakk
 
Prepared By: Carlon D. Fontaine, Senate Counsel (651/296-4395)
 
Date: March 26, 2018



 

Section 1.  Taconite assistance area. Deleted by A-1 amendment.

Section 2.  Taconite economic development fund. Clarifies uses for money deposited in the taconite economic development fund.  Eliminates obsolete language.

Section 3. Taconite economic development fund.  Eliminates language directing a portion of tax on certain taconite and iron sulfides under section 298.24, from deposit in the taconite economic development fund.

Section 4.  2018 Distribution.  Directs transfer of an unspecified cents per ton amount of the excess balance remaining after distribution of amounts required for property tax relief to the Iron Range resources and rehabilitation account.

CDF/syl

 
Check on the status of this bill
 
Back to Senate Counsel and Research Bill Summaries page
 

 
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
 
Last review or update: 03/26/2018
 
If you see any errors on this page, please e-mail us at webmaster@senate.mn