HF 3737

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to taxation; distributing proceeds of the occupation taxes to the
Minnesota minerals 21st century fund; amending Minnesota Statutes 2004,
section 298.17.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2004, section 298.17, is amended to read:

298.17 OCCUPATION TAXES TO BE APPORTIONED.

new text begin Subdivision 1. new text end

new text begin Apportionment under Constitution. new text end

All occupation taxes paid by
persons, copartnerships, companies, joint stock companies, corporations, and associations,
however or for whatever purpose organized, engaged in the business of mining or
producing iron ore or other ores, when collected shall be apportioned and distributed in
accordance with the Constitution of the state of Minnesota, article X, section 3, in the
manner following: 90 percent shall be deposited in the state treasury and credited to
the general fund of which four-ninths shall be used for the support of elementary and
secondary schools; and ten percent of the proceeds of the tax imposed by this section
shall be deposited in the state treasury and credited to the general fund for the general
support of the university.

new text begin Subd. 2. new text end

new text begin Apportionment to IRRRB. new text end

Of the moneys apportioned to the general
fund by this section new text begin , and not used for the support of elementary and secondary schools or
the university, new text end there is annually appropriated and credited to the Iron Range Resources and
Rehabilitation Board account in the special revenue fund an amount equal to that which
would have been generated by a 1.5 cent tax imposed by section 298.24 on each taxable
ton produced in the preceding calendar year, to be expended for the purposes of section
298.22. The money appropriated pursuant to this section shall be used (1) to provide
environmental development grants to local governments located within any county in
region 3 as defined in governor's executive order number 60, issued on June 12, 1970,
which does not contain a municipality qualifying pursuant to section 273.134, paragraph
(b), or (2) to provide economic development loans or grants to businesses located within
any such county, provided that the county board or an advisory group appointed by
the county board to provide recommendations on economic development shall make
recommendations to the Iron Range Resources and Rehabilitation Board regarding the
loans. Payment to the Iron Range Resources and Rehabilitation Board account shall be
made by May 15 annually.

Of the money allocated to Koochiching County, one-third must be paid to the
Koochiching County Economic Development Commission.

new text begin Subd. 3. new text end

new text begin Apportionment to Minnesota minerals 21st century fund. new text end

new text begin The
money apportioned to the general fund by this section that is not used for the support of
elementary and secondary schools or the university, and that is not apportioned under
subdivision 2, is annually appropriated to the Minnesota minerals 21st century fund
created in section 116J.423.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for taxes paid in 2007 and subsequent
years.
new text end