E Authorizing Itasca county to create an economic development tax increment financing (TIF) district for an electric power plant adjacent to a taconite mine direct reduction plant and steel mill, providing for duration of the district and regulating expenditures, exempting the district from certain special laws and from the state aid reduction, authorizing the county to exercise the powers of an economic development authority in connection with the development of the project; appropriating money to the commissioner of trade and economic development (DTED) for a grant for construction of a steel mill, gross payroll match requirement; appropriating money to the commissioner of administration and authorizing the issuance of state bonds for grants to the Itasca county railroad authority for capital improvements for railroad access and natural gas right-of-way and pipeline and to the county for public highway improvements in connection with the construction of a new steel mill and for a grant to the city of Nashwauk to design and construct freshwater wells and wastewater treatment facilities and pipelines(mk, ja)