<a id="pl.1.3"></a><var>1.3</var>refund provisions for tax year 2012 to the provisions of the Federal Aviation <br/>
<a id="pl.1.4"></a><var>1.4</var>Administration Modernization and Reform Act of 2012 and the American <br/>
<a id="pl.1.5"></a><var>1.5</var>Taxpayer Relief Act of 2012; changing provisions relating to the Iron Range <br/>
<a id="pl.1.6"></a><var>1.6</var>Resources and Rehabilitation Board;amending Minnesota Statutes 2012, <br/>
<a id="pl.1.7"></a><var>1.7</var>sections 116J.424; 270C.13, subdivision 1; 290.01, subdivisions 19, 31; 290A.03, <br/>
<a id="pl.1.8"></a><var>1.8</var>subdivision 15; 298.22, subdivisions 5a, 8, 10, 11, by adding a subdivision; <br/>
<a id="pl.1.9"></a><var>1.9</var>298.221; 298.2211, subdivision 3; 298.2213, subdivision 4; 298.2214, subdivision <br/>
<a id="pl.1.10"></a><var>1.10</var>6; 298.223, subdivisions 1, 2; 298.227; 298.28, subdivision 9d; 298.292, <br/>
<a id="pl.1.11"></a><var>1.11</var>subdivision 2; 298.294; 298.296, subdivisions 1, 2; 298.2961, subdivisions 2, 4, <br/>
<a id="pl.1.12"></a><var>1.12</var>5; repealing Minnesota Statutes 2012, section 298.22, subdivision 2.<br/>
<a id="pl.1.13"></a><var>1.13</var>BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:<br/>
<br/>
<a id="bill.0.1.0"></a><a id="pl.1.14"></a><var>1.14</var>    Section 1. Minnesota Statutes 2012, section 116J.424, is amended to read:<br/>
<a id="pl.1.15"></a><var>1.15</var><b>116J.424 IRON RANGE RESOURCES AND REHABILITATION BOARD </b><br/>
<a id="pl.1.16"></a><var>1.16</var><b>CONTRIBUTION.</b><br/>
<a id="pl.1.17"></a><var>1.17</var>The commissioner of the Iron Range Resources and Rehabilitation Board with <br/>
<a id="pl.1.18"></a><var>1.18</var>approval by at least seven Iron Range Resources and Rehabilitation Board members the <br/>
<a id="pl.1.19"></a><var>1.19</var>board, shall provide an equal match for any loan or equity investment made for a facility <br/>
<a id="pl.1.20"></a><var>1.20</var>located in the tax relief area defined in section 
         <statute_ref>273.134, paragraph (b)</statute_ref>, by the Minnesota <br/>
<a id="pl.1.21"></a><var>1.21</var>minerals 21st century fund created by section 
         <statute_ref>116J.423</statute_ref>. The match may be in the form <br/>
<a id="pl.1.22"></a><var>1.22</var>of a loan or equity investment, notwithstanding whether the fund makes a loan or equity <br/>
<a id="pl.1.23"></a><var>1.23</var>investment. The state shall not acquire an equity interest because of an equity investment <br/>
<a id="pl.1.24"></a><var>1.24</var>or loan by the board and the board at its sole discretion shall decide what interest it acquires <br/>
<a id="pl.1.25"></a><var>1.25</var>in a project. The commissioner of employment and economic development may require a <br/>
<a id="pl.1.26"></a><var>1.26</var>commitment from the board to make the match prior to disbursing money from the fund.<br/>
<br/>
<a id="bill.0.2.0"></a><a id="pl.2.1"></a><var>2.1</var>    Sec. 2. Minnesota Statutes 2012, section 270C.13, subdivision 1, is amended to read:<br/>
<a id="pl.2.2"></a><var>2.2</var>    Subdivision 1. <b>Biennial report.</b> The commissioner shall report to the legislature <br/>
<a id="pl.2.3"></a><var>2.3</var>by March 1 of each odd-numbered year on the overall incidence of the income tax, <br/>
<a id="pl.2.4"></a><var>2.4</var>sales and excise taxes, and property tax. The report shall present information on the <br/>
<a id="pl.2.5"></a><var>2.5</var>distribution of the tax burden as follows: (1) for the overall income distribution, using <br/>
<a id="pl.2.6"></a><var>2.6</var>a systemwide incidence measure such as the Suits index or other appropriate measures <br/>
<a id="pl.2.7"></a><var>2.7</var>of equality and inequality; (2) by income classes, including at a minimum deciles of the <br/>
<a id="pl.2.8"></a><var>2.8</var>income distribution; and (3) by other appropriate taxpayer characteristics. The report <br/>
<a id="pl.2.9"></a><var>2.9</var>must also include information on the distribution of the burden of federal taxes borne <br/>
<a id="pl.2.10"></a><var>2.10</var>by Minnesota residents.<br/>
<a id="pl.2.11"></a><var>2.11</var><b>EFFECTIVE DATE.</b>This section is effective the day following final enactment.<br/>
<br/>
<a id="bill.0.3.0"></a><a id="pl.2.12"></a><var>2.12</var>    Sec. 3. Minnesota Statutes 2012, section 290.01, subdivision 19, is amended to read:<br/>
<a id="pl.2.13"></a><var>2.13</var>    Subd. 19. <b>Net income.</b> The term "net income" means the federal taxable income, <br/>
<a id="pl.2.14"></a><var>2.14</var>as defined in section 63 of the Internal Revenue Code of 1986, as amended through the <br/>
<a id="pl.2.15"></a><var>2.15</var>date named in this subdivision, incorporating the federal effective dates of changes to the <br/>
<a id="pl.2.16"></a><var>2.16</var>Internal Revenue Code and any elections made by the taxpayer in accordance with the <br/>
<a id="pl.2.17"></a><var>2.17</var>Internal Revenue Code in determining federal taxable income for federal income tax <br/>
<a id="pl.2.18"></a><var>2.18</var>purposes, and with the modifications provided in subdivisions 19a to 19f.<br/>
<a id="pl.2.19"></a><var>2.19</var>    In the case of a regulated investment company or a fund thereof, as defined in section <br/>
<a id="pl.2.20"></a><var>2.20</var>851(a) or 851(g) of the Internal Revenue Code, federal taxable income means investment <br/>
<a id="pl.2.21"></a><var>2.21</var>company taxable income as defined in section 852(b)(2) of the Internal Revenue Code, <br/>
<a id="pl.2.22"></a><var>2.22</var>except that:<br/>
<a id="pl.2.23"></a><var>2.23</var>    (1) the exclusion of net capital gain provided in section 852(b)(2)(A) of the Internal <br/>
<a id="pl.2.24"></a><var>2.24</var>Revenue Code does not apply;<br/>
<a id="pl.2.25"></a><var>2.25</var>    (2) the deduction for dividends paid under section 852(b)(2)(D) of the Internal <br/>
<a id="pl.2.26"></a><var>2.26</var>Revenue Code must be applied by allowing a deduction for capital gain dividends and <br/>
<a id="pl.2.27"></a><var>2.27</var>exempt-interest dividends as defined in sections 852(b)(3)(C) and 852(b)(5) of the Internal <br/>
<a id="pl.2.28"></a><var>2.28</var>Revenue Code; and<br/>
<a id="pl.2.29"></a><var>2.29</var>    (3) the deduction for dividends paid must also be applied in the amount of any <br/>
<a id="pl.2.30"></a><var>2.30</var>undistributed capital gains which the regulated investment company elects to have treated <br/>
<a id="pl.2.31"></a><var>2.31</var>as provided in section 852(b)(3)(D) of the Internal Revenue Code.<br/>
<a id="pl.2.32"></a><var>2.32</var>    The net income of a real estate investment trust as defined and limited by section <br/>
<a id="pl.2.33"></a><var>2.33</var>856(a), (b), and (c) of the Internal Revenue Code means the real estate investment trust <br/>
<a id="pl.2.34"></a><var>2.34</var>taxable income as defined in section 857(b)(2) of the Internal Revenue Code.<br/>
<a id="pl.3.1"></a><var>3.1</var>    The net income of a designated settlement fund as defined in section 468B(d) of <br/>
<a id="pl.3.2"></a><var>3.2</var>the Internal Revenue Code means the gross income as defined in section 468B(b) of the <br/>
<a id="pl.3.3"></a><var>3.3</var>Internal Revenue Code.<br/>
<a id="pl.3.4"></a><var>3.4</var>    The Internal Revenue Code of 1986, as amended through April 14, 2011, shall be <br/>
<a id="pl.3.5"></a><var>3.5</var>in effect for taxable years beginning after December 31, 1996. The provisions of the <br/>
<a id="pl.3.6"></a><var>3.6</var>act of January 22, 2010, Public Law 111-126, to accelerate the benefits for charitable <br/>
<a id="pl.3.7"></a><var>3.7</var>cash contributions for the relief of victims of the Haitian earthquake, are effective at the <br/>
<a id="pl.3.8"></a><var>3.8</var>same time they became effective for federal purposes and apply to the subtraction under <br/>
<a id="pl.3.9"></a><var>3.9</var>subdivision 19b, clause (6). The provisions of title II, section 2112, of the act of September <br/>
<a id="pl.3.10"></a><var>3.10</var>27, 2010, Public Law 111-240, rollovers from elective deferral plans to designated Roth <br/>
<a id="pl.3.11"></a><var>3.11</var>accounts, are effective at the same time they became effective for federal purposes and <br/>
<a id="pl.3.12"></a><var>3.12</var>taxable rollovers are included in net income at the same time they are included in gross <br/>
<a id="pl.3.13"></a><var>3.13</var>income for federal purposes, and before January 1, 2012, and for taxable years beginning <br/>
<a id="pl.3.14"></a><var>3.14</var>after December 31, 2012. The Internal Revenue Code of 1986, as amended through <br/>
<a id="pl.3.15"></a><var>3.15</var>January 3, 2013, is in effect for taxable years beginning after December 31, 2011, and <br/>
<a id="pl.3.16"></a><var>3.16</var>before January 1, 2013.<br/>
<a id="pl.3.17"></a><var>3.17</var>    Except as otherwise provided, references to the Internal Revenue Code in <br/>
<a id="pl.3.18"></a><var>3.18</var>subdivisions 19 to 19f mean the code in effect for purposes of determining net income for <br/>
<a id="pl.3.19"></a><var>3.19</var>the applicable year.<br/>
<a id="pl.3.20"></a><var>3.20</var><b>EFFECTIVE DATE.</b>This section is effective the day following final enactment.<br/>
<br/>
<a id="bill.0.4.0"></a><a id="pl.3.21"></a><var>3.21</var>    Sec. 4. Minnesota Statutes 2012, section 290.01, subdivision 31, is amended to read:<br/>
<a id="pl.3.22"></a><var>3.22</var>    Subd. 31. <b>Internal Revenue Code.</b> Unless specifically defined otherwise, for <br/>
<a id="pl.3.23"></a><var>3.23</var>taxable years beginning before January 1, 2012, and after December 31, 2012, "Internal <br/>
<a id="pl.3.24"></a><var>3.24</var>Revenue Code" means the Internal Revenue Code of 1986, as amended through April 14, <br/>
<a id="pl.3.25"></a><var>3.25</var>2011; and for taxable years beginning after December 31, 2011, and before January 1, <br/>
<a id="pl.3.26"></a><var>3.26</var>2013, "Internal Revenue Code" means the Internal Revenue Code of 1986, as amended <br/>
<a id="pl.3.27"></a><var>3.27</var>through January 3, 2013. Internal Revenue Code also includes any uncodified provision in <br/>
<a id="pl.3.28"></a><var>3.28</var>federal law that relates to provisions of the Internal Revenue Code that are incorporated <br/>
<a id="pl.3.29"></a><var>3.29</var>into Minnesota law. When used in this chapter, the reference to "subtitle A, chapter 1, <br/>
<a id="pl.3.30"></a><var>3.30</var>subchapter N, part 1, of the Internal Revenue Code" is to the Internal Revenue Code as <br/>
<a id="pl.3.31"></a><var>3.31</var>amended through March 18, 2010.<br/>
<a id="pl.3.32"></a><var>3.32</var><b>EFFECTIVE DATE.</b>This section is effective the day following final enactment, <br/>
<a id="pl.3.33"></a><var>3.33</var>except the changes incorporated by federal changes are effective at the same time as the <br/>
<a id="pl.3.34"></a><var>3.34</var>changes were effective for federal purposes.<br/>
<br/>
<a id="bill.0.5.0"></a><a id="pl.4.1"></a><var>4.1</var>    Sec. 5. Minnesota Statutes 2012, section 290A.03, subdivision 15, is amended to read:<br/>
<a id="pl.4.2"></a><var>4.2</var>    Subd. 15. <b>Internal Revenue Code.</b> For taxable years beginning before January 1, <br/>
<a id="pl.4.3"></a><var>4.3</var>2012, and after December 31, 2012, "Internal Revenue Code" means the Internal Revenue <br/>
<a id="pl.4.4"></a><var>4.4</var>Code of 1986, as amended through April 14, 2011; and for taxable years beginning after <br/>
<a id="pl.4.5"></a><var>4.5</var>December 31, 2011, and before January 1, 2013, "Internal Revenue Code" means the <br/>
<a id="pl.4.6"></a><var>4.6</var>Internal Revenue Code of 1986, as amended through January 3, 2013.<br/>
<a id="pl.4.7"></a><var>4.7</var><b>EFFECTIVE DATE.</b>This section is effective for property tax refunds based on <br/>
<a id="pl.4.8"></a><var>4.8</var>property taxes payable after December 31, 2012, and rent paid after December 31, 2011.<br/>
<br/>
<a id="bill.0.6.0"></a><a id="pl.4.9"></a><var>4.9</var>    Sec. 6. Minnesota Statutes 2012, section 298.22, is amended by adding a subdivision <br/>
<a id="pl.4.10"></a><var>4.10</var>to read:<br/>
<a id="pl.4.11"></a><var>4.11</var>    Subd. 1a. <b>Iron Range Resources and Rehabilitation Board.</b> The Iron Range <br/>
<a id="pl.4.12"></a><var>4.12</var>Resources and Rehabilitation Board consists of the state senators and representatives <br/>
<a id="pl.4.13"></a><var>4.13</var>elected from state senatorial or legislative districts in which one-third or more of the <br/>
<a id="pl.4.14"></a><var>4.14</var>residents reside in a taconite assistance area as defined in section 273.1341. One additional <br/>
<a id="pl.4.15"></a><var>4.15</var>state senator shall also be appointed by the senate Subcommittee on Committees of the <br/>
<a id="pl.4.16"></a><var>4.16</var>Committee on Rules and Administration. All expenditures and projects made by the <br/>
<a id="pl.4.17"></a><var>4.17</var>commissioner shall first be submitted to the board for approval. The expenses of the <br/>
<a id="pl.4.18"></a><var>4.18</var>board shall be paid by the state from the funds raised pursuant to this section. Members <br/>
<a id="pl.4.19"></a><var>4.19</var>of the board may be reimbursed for expenses in the manner provided in sections 3.099, <br/>
<a id="pl.4.20"></a><var>4.20</var>subdivision 1, and 3.101, and may receive per diem payments during the interims between <br/>
<a id="pl.4.21"></a><var>4.21</var>legislative sessions in the manner provided in section 3.099, subdivision 1.<br/>
<a id="pl.4.22"></a><var>4.22</var>The members shall be appointed in January of every odd-numbered year, and shall <br/>
<a id="pl.4.23"></a><var>4.23</var>serve until January of the next odd-numbered year. Vacancies on the board shall be filled <br/>
<a id="pl.4.24"></a><var>4.24</var>in the same manner as original members were chosen.<br/>
<br/>
<a id="bill.0.7.0"></a><a id="pl.4.25"></a><var>4.25</var>    Sec. 7. Minnesota Statutes 2012, section 298.22, subdivision 5a, is amended to read:<br/>
<a id="pl.4.26"></a><var>4.26</var>    Subd. 5a. <b>Forest trust.</b> The commissioner, upon the affirmative vote of at least <br/>
<a id="pl.4.27"></a><var>4.27</var>seven Iron Range Resources and Rehabilitation Board members approval by the board, <br/>
<a id="pl.4.28"></a><var>4.28</var>may purchase forest lands in the taconite assistance area defined in under section 
         <statute_ref>273.1341</statute_ref> <br/>
<a id="pl.4.29"></a><var>4.29</var>with funds specifically authorized for the purchase. The acquired forest lands must be <br/>
<a id="pl.4.30"></a><var>4.30</var>held in trust for the benefit of the citizens of the taconite assistance area as the Iron Range <br/>
<a id="pl.4.31"></a><var>4.31</var>Miners' Memorial Forest. The forest trust lands shall be managed and developed for <br/>
<a id="pl.4.32"></a><var>4.32</var>recreation and economic development purposes. The commissioner, upon the affirmative <br/>
<a id="pl.4.33"></a><var>4.33</var>vote of at least seven Iron Range Resources and Rehabilitation Board members approval <br/>
<a id="pl.4.34"></a><var>4.34</var>by the board, may sell forest lands purchased under this subdivision if the board finds that <br/>
<a id="pl.5.1"></a><var>5.1</var>the sale advances the purposes of the trust. Proceeds derived from the management or sale <br/>
<a id="pl.5.2"></a><var>5.2</var>of the lands and from the sale of timber or removal of gravel or other minerals from these <br/>
<a id="pl.5.3"></a><var>5.3</var>forest lands shall be deposited into an Iron Range Miners' Memorial Forest account that is <br/>
<a id="pl.5.4"></a><var>5.4</var>established within the state financial accounts. Funds may be expended from the account <br/>
<a id="pl.5.5"></a><var>5.5</var>upon approval by at least seven Iron Range Resources and Rehabilitation Board members<br/>
<a id="pl.5.6"></a><var>5.6</var> the board, to purchase, manage, administer, convey interests in, and improve the forest <br/>
<a id="pl.5.7"></a><var>5.7</var>lands. By an affirmative vote of at least seven Iron Range Resources and Rehabilitation <br/>
<a id="pl.5.8"></a><var>5.8</var>Board members With approval by the board, money in the Iron Range Miners' Memorial <br/>
<a id="pl.5.9"></a><var>5.9</var>Forest account may be transferred into the corpus of the Douglas J. Johnson economic <br/>
<a id="pl.5.10"></a><var>5.10</var>protection trust fund established under sections 
         <statute_ref>298.291 </statute_ref>to 
         <statute_ref>298.294</statute_ref>. The property acquired <br/>
<a id="pl.5.11"></a><var>5.11</var>under the authority granted by this subdivision and income derived from the property or <br/>
<a id="pl.5.12"></a><var>5.12</var>the operation or management of the property are exempt from taxation by the state or its <br/>
<a id="pl.5.13"></a><var>5.13</var>political subdivisions while held by the forest trust.<br/>
<br/>
<a id="bill.0.8.0"></a><a id="pl.5.14"></a><var>5.14</var>    Sec. 8. Minnesota Statutes 2012, section 298.22, subdivision 8, is amended to read:<br/>
<a id="pl.5.15"></a><var>5.15</var>    Subd. 8. <b>Spending priority.</b> In making or approving any expenditures on programs <br/>
<a id="pl.5.16"></a><var>5.16</var>or projects, the commissioner and the board shall give the highest priority to programs <br/>
<a id="pl.5.17"></a><var>5.17</var>and projects that target relief to those areas of the taconite assistance area as defined in <br/>
<a id="pl.5.18"></a><var>5.18</var>section 
         <statute_ref>273.1341</statute_ref>, that have the largest percentages of job losses and population losses <br/>
<a id="pl.5.19"></a><var>5.19</var>directly attributable to the economic downturn in the taconite industry since the 1980s. <br/>
<a id="pl.5.20"></a><var>5.20</var>The commissioner and the board shall compare the 1980 population and employment <br/>
<a id="pl.5.21"></a><var>5.21</var>figures with the 2000 population and employment figures, and shall specifically consider <br/>
<a id="pl.5.22"></a><var>5.22</var>the job losses in 2000 and 2001 resulting from the closure of LTV Steel Mining Company, <br/>
<a id="pl.5.23"></a><var>5.23</var>in making or approving expenditures consistent with this subdivision, as well as the areas <br/>
<a id="pl.5.24"></a><var>5.24</var>of residence of persons who suffered job loss for which relief is to be targeted under this <br/>
<a id="pl.5.25"></a><var>5.25</var>subdivision. The commissioner may lease, for a term not exceeding 50 years and upon <br/>
<a id="pl.5.26"></a><var>5.26</var>the terms determined by the commissioner and approved by at least seven Iron Range <br/>
<a id="pl.5.27"></a><var>5.27</var>Resources and Rehabilitation Board members the board, surface and mineral interests <br/>
<a id="pl.5.28"></a><var>5.28</var>owned or acquired by the state of Minnesota acting by and through the office of the <br/>
<a id="pl.5.29"></a><var>5.29</var>commissioner of Iron Range resources and rehabilitation within those portions of the <br/>
<a id="pl.5.30"></a><var>5.30</var>taconite assistance area affected by the closure of the LTV Steel Mining Company facility <br/>
<a id="pl.5.31"></a><var>5.31</var>near Hoyt Lakes. The payments and royalties from these leases must be deposited into the <br/>
<a id="pl.5.32"></a><var>5.32</var>fund established in section 
         <statute_ref>298.292</statute_ref>. This subdivision supersedes any other conflicting <br/>
<a id="pl.5.33"></a><var>5.33</var>provisions of law and does not preclude the commissioner and the board from making <br/>
<a id="pl.5.34"></a><var>5.34</var>expenditures for programs and projects in other areas.<br/>
<br/>
<a id="bill.0.9.0"></a><a id="pl.6.1"></a><var>6.1</var>    Sec. 9. Minnesota Statutes 2012, section 298.22, subdivision 10, is amended to read:<br/>
<a id="pl.6.2"></a><var>6.2</var>    Subd. 10. <b>Sale or privatization of functions.</b> The commissioner of Iron Range <br/>
<a id="pl.6.3"></a><var>6.3</var>resources and rehabilitation may not sell or privatize the Ironworld Discovery Center or <br/>
<a id="pl.6.4"></a><var>6.4</var>Giants Ridge Golf and Ski Resort without prior approval by at least seven Iron Range <br/>
<a id="pl.6.5"></a><var>6.5</var>Resources and Rehabilitation Board members the board.<br/>
<br/>
<a id="bill.0.10.0"></a><a id="pl.6.6"></a><var>6.6</var>    Sec. 10. Minnesota Statutes 2012, section 298.22, subdivision 11, is amended to read:<br/>
<a id="pl.6.7"></a><var>6.7</var>    Subd. 11. <b>Budgeting.</b> The commissioner of Iron Range resources and rehabilitation <br/>
<a id="pl.6.8"></a><var>6.8</var>shall annually prepare a budget for operational expenditures, programs, and projects, and <br/>
<a id="pl.6.9"></a><var>6.9</var>submit it to the Iron Range Resources and Rehabilitation Board and the governor. After <br/>
<a id="pl.6.10"></a><var>6.10</var>the budget is approved by at least seven Iron Range Resources and Rehabilitation Board <br/>
<a id="pl.6.11"></a><var>6.11</var>members the board and the governor, the commissioner may spend money in accordance <br/>
<a id="pl.6.12"></a><var>6.12</var>with the approved budget.<br/>
<br/>
<a id="bill.0.11.0"></a><a id="pl.6.13"></a><var>6.13</var>    Sec. 11. Minnesota Statutes 2012, section 298.221, is amended to read:<br/>
<a id="pl.6.14"></a><var>6.14</var><b>298.221 RECEIPTS FROM CONTRACTS; APPROPRIATION.</b><br/>
<a id="pl.6.15"></a><var>6.15</var>(a) Except as provided in paragraph (c), all money paid to the state of Minnesota <br/>
<a id="pl.6.16"></a><var>6.16</var>pursuant to the terms of any contract entered into by the state under authority of section <br/>
<statute_ref><a id="pl.6.17"></a><var>6.17</var>298.22
         </statute_ref> and any fees which may, in the discretion of the commissioner of Iron Range <br/>
<a id="pl.6.18"></a><var>6.18</var>resources and rehabilitation, be charged in connection with any project pursuant to that <br/>
<a id="pl.6.19"></a><var>6.19</var>section as amended, shall be deposited in the state treasury to the credit of the Iron Range <br/>
<a id="pl.6.20"></a><var>6.20</var>Resources and Rehabilitation Board account in the special revenue fund and are hereby <br/>
<a id="pl.6.21"></a><var>6.21</var>appropriated for the purposes of section 
         <statute_ref>298.22</statute_ref>.<br/>
<a id="pl.6.22"></a><var>6.22</var>(b) Notwithstanding section 
         <statute_ref>16A.013</statute_ref>, merchandise may be accepted by the <br/>
<a id="pl.6.23"></a><var>6.23</var>commissioner of the Iron Range Resources and Rehabilitation Board for payment of <br/>
<a id="pl.6.24"></a><var>6.24</var>advertising contracts if the commissioner determines that the merchandise can be used <br/>
<a id="pl.6.25"></a><var>6.25</var>for special event prizes or mementos at facilities operated by the board. Nothing in this <br/>
<a id="pl.6.26"></a><var>6.26</var>paragraph authorizes the commissioner or a member of the board to receive merchandise <br/>
<a id="pl.6.27"></a><var>6.27</var>for personal use.<br/>
<a id="pl.6.28"></a><var>6.28</var>(c) All fees charged by the commissioner in connection with public use of the <br/>
<a id="pl.6.29"></a><var>6.29</var>state-owned ski and golf facilities at the Giants Ridge Recreation Area and all other <br/>
<a id="pl.6.30"></a><var>6.30</var>revenues derived by the commissioner from the operation or lease of those facilities <br/>
<a id="pl.6.31"></a><var>6.31</var>and from the lease, sale, or other disposition of undeveloped lands at the Giants Ridge <br/>
<a id="pl.6.32"></a><var>6.32</var>Recreation Area must be deposited into an Iron Range Resources and Rehabilitation Board <br/>
<a id="pl.6.33"></a><var>6.33</var>account that is created within the state enterprise fund. All funds deposited in the enterprise <br/>
<a id="pl.7.1"></a><var>7.1</var>fund account are appropriated to the commissioner to be expended, subject to approval by at <br/>
<a id="pl.7.2"></a><var>7.2</var>least seven Iron Range Resources and Rehabilitation Board members the board, as follows:<br/>
<a id="pl.7.3"></a><var>7.3</var>(1) to pay costs associated with the construction, equipping, operation, repair, or <br/>
<a id="pl.7.4"></a><var>7.4</var>improvement of the Giants Ridge Recreation Area facilities or lands;<br/>
<a id="pl.7.5"></a><var>7.5</var>(2) to pay principal, interest and associated bond issuance, reserve, and servicing <br/>
<a id="pl.7.6"></a><var>7.6</var>costs associated with the financing of the facilities; and<br/>
<a id="pl.7.7"></a><var>7.7</var>(3) to pay the costs of any other project authorized under section 
         <statute_ref>298.22</statute_ref>.<br/>
<br/>
<a id="bill.0.12.0"></a><a id="pl.7.8"></a><var>7.8</var>    Sec. 12. Minnesota Statutes 2012, section 298.2211, subdivision 3, is amended to read:<br/>
<a id="pl.7.9"></a><var>7.9</var>    Subd. 3. <b>Project approval.</b> All projects authorized by this section shall be <br/>
<a id="pl.7.10"></a><var>7.10</var>submitted by the commissioner to the Iron Range Resources and Rehabilitation Board for <br/>
<a id="pl.7.11"></a><var>7.11</var>approval by at least seven Iron Range Resources and Rehabilitation Board members the <br/>
<a id="pl.7.12"></a><var>7.12</var>board. Prior to the commencement of a project involving the exercise by the commissioner <br/>
<a id="pl.7.13"></a><var>7.13</var>of any authority of sections 
         <statute_ref>469.174</statute_ref> to 
         <statute_ref>469.179</statute_ref>, the governing body of each municipality <br/>
<a id="pl.7.14"></a><var>7.14</var>in which any part of the project is located and the county board of any county containing <br/>
<a id="pl.7.15"></a><var>7.15</var>portions of the project not located in an incorporated area shall by majority vote approve <br/>
<a id="pl.7.16"></a><var>7.16</var>or disapprove the project. Any project approved by at least seven Iron Range Resources <br/>
<a id="pl.7.17"></a><var>7.17</var>and Rehabilitation Board members the board and the applicable governing bodies, if <br/>
<a id="pl.7.18"></a><var>7.18</var>any, together with detailed information concerning the project, its costs, the sources of <br/>
<a id="pl.7.19"></a><var>7.19</var>its funding, and the amount of any bonded indebtedness to be incurred in connection <br/>
<a id="pl.7.20"></a><var>7.20</var>with the project, shall be transmitted to the governor, who shall approve, disapprove, or <br/>
<a id="pl.7.21"></a><var>7.21</var>return the proposal for additional consideration within 30 days of receipt. No project <br/>
<a id="pl.7.22"></a><var>7.22</var>authorized under this section shall be undertaken, and no obligations shall be issued and <br/>
<a id="pl.7.23"></a><var>7.23</var>no tax increments shall be expended for a project authorized under this section until the <br/>
<a id="pl.7.24"></a><var>7.24</var>project has been approved by the governor.<br/>
<br/>
<a id="bill.0.13.0"></a><a id="pl.7.25"></a><var>7.25</var>    Sec. 13. Minnesota Statutes 2012, section 298.2213, subdivision 4, is amended to read:<br/>
<a id="pl.7.26"></a><var>7.26</var>    Subd. 4. <b>Project approval.</b> The board and commissioner shall by August 1 each <br/>
<a id="pl.7.27"></a><var>7.27</var>year prepare a list of projects to be funded from the money appropriated in this section <br/>
<a id="pl.7.28"></a><var>7.28</var>with necessary supporting information including descriptions of the projects, plans, and <br/>
<a id="pl.7.29"></a><var>7.29</var>cost estimates. A project must not be approved by the board unless it finds that:<br/>
<a id="pl.7.30"></a><var>7.30</var>(1) the project will materially assist, directly or indirectly, the creation of additional <br/>
<a id="pl.7.31"></a><var>7.31</var>long-term employment opportunities;<br/>
<a id="pl.7.32"></a><var>7.32</var>(2) the prospective benefits of the expenditure exceed the anticipated costs; and<br/>
<a id="pl.7.33"></a><var>7.33</var>(3) in the case of assistance to private enterprise, the project will serve a sound <br/>
<a id="pl.7.34"></a><var>7.34</var>business purpose.<br/>
<a id="pl.8.1"></a><var>8.1</var>Each project must be approved by at least seven Iron Range Resources and <br/>
<a id="pl.8.2"></a><var>8.2</var>Rehabilitation Board members the board and the commissioner of Iron Range resources <br/>
<a id="pl.8.3"></a><var>8.3</var>and rehabilitation. The list of projects must be submitted to the governor, who shall, by <br/>
<a id="pl.8.4"></a><var>8.4</var>November 15 of each year, approve, disapprove, or return for further consideration, each <br/>
<a id="pl.8.5"></a><var>8.5</var>project. The money for a project may be spent only upon approval of the project by the <br/>
<a id="pl.8.6"></a><var>8.6</var>governor. The board may submit supplemental projects for approval at any time.<br/>
<br/>
<a id="bill.0.14.0"></a><a id="pl.8.7"></a><var>8.7</var>    Sec. 14. Minnesota Statutes 2012, section 298.2214, subdivision 6, is amended to read:<br/>
<a id="pl.8.8"></a><var>8.8</var>    Subd. 6. <b>Per diem.</b> Members of the committee may be reimbursed for expenses <br/>
<a id="pl.8.9"></a><var>8.9</var>in the manner provided in section 
<statute_ref>298.22, subdivision 2</statute_ref> by the state from funds raised <br/>
<a id="pl.8.10"></a><var>8.10</var>pursuant to section 298.22.<br/>
<br/>
<a id="bill.0.15.0"></a><a id="pl.8.11"></a><var>8.11</var>    Sec. 15. Minnesota Statutes 2012, section 298.223, subdivision 1, is amended to read:<br/>
<a id="pl.8.12"></a><var>8.12</var>    Subdivision 1. <b>Creation; purposes.</b> A fund called the taconite environmental <br/>
<a id="pl.8.13"></a><var>8.13</var>protection fund is created for the purpose of reclaiming, restoring and enhancing those <br/>
<a id="pl.8.14"></a><var>8.14</var>areas of northeast Minnesota located within the taconite assistance area defined in section <br/>
<statute_ref><a id="pl.8.15"></a><var>8.15</var>273.1341
         </statute_ref>, that are adversely affected by the environmentally damaging operations <br/>
<a id="pl.8.16"></a><var>8.16</var>involved in mining taconite and iron ore and producing iron ore concentrate and for the <br/>
<a id="pl.8.17"></a><var>8.17</var>purpose of promoting the economic development of northeast Minnesota. The taconite <br/>
<a id="pl.8.18"></a><var>8.18</var>environmental protection fund shall be used for the following purposes:<br/>
<a id="pl.8.19"></a><var>8.19</var>(1) to initiate investigations into matters the Iron Range Resources and Rehabilitation <br/>
<a id="pl.8.20"></a><var>8.20</var>Board determines are in need of study and which will determine the environmental <br/>
<a id="pl.8.21"></a><var>8.21</var>problems requiring remedial action;<br/>
<a id="pl.8.22"></a><var>8.22</var>(2) reclamation, restoration, or reforestation of mine lands not otherwise provided <br/>
<a id="pl.8.23"></a><var>8.23</var>for by state law;<br/>
<a id="pl.8.24"></a><var>8.24</var>(3) local economic development projects but only if those projects are approved <br/>
<a id="pl.8.25"></a><var>8.25</var>by at least seven Iron Range Resources and Rehabilitation Board members the board, <br/>
<a id="pl.8.26"></a><var>8.26</var>and public works, including construction of sewer and water systems located within the <br/>
<a id="pl.8.27"></a><var>8.27</var>taconite assistance area defined in section 
         <statute_ref>273.1341</statute_ref>;<br/>
<a id="pl.8.28"></a><var>8.28</var>(4) monitoring of mineral industry related health problems among mining employees;<br/>
<a id="pl.8.29"></a><var>8.29</var>(5) local public works projects under section 
         <statute_ref>298.227</statute_ref>, paragraph (c); and<br/>
<a id="pl.8.30"></a><var>8.30</var>(6) local public works projects as provided under this clause. The following amounts <br/>
<a id="pl.8.31"></a><var>8.31</var>shall be distributed in 2009 based upon the taxable tonnage of production in 2008:<br/>
<a id="pl.8.32"></a><var>8.32</var>(i) .4651 cent per ton to the city of Aurora for street repair and renovation;<br/>
<a id="pl.8.33"></a><var>8.33</var>(ii) .4264 cent per ton to the city of Biwabik for street and utility infrastructure <br/>
<a id="pl.8.34"></a><var>8.34</var>improvements to the south side industrial site;<br/>
<a id="pl.9.1"></a><var>9.1</var>(iii) .6460 cent per ton to the city of Buhl for street repair;<br/>
<a id="pl.9.2"></a><var>9.2</var>(iv) 1.0336 cents per ton to the city of Hoyt Lakes for public utility improvements;<br/>
<a id="pl.9.3"></a><var>9.3</var>(v) 1.1628 cents per ton to the city of Eveleth for water and sewer infrastructure <br/>
<a id="pl.9.4"></a><var>9.4</var>upgrades;<br/>
<a id="pl.9.5"></a><var>9.5</var>(vi) 1.0336 cents per ton to the city of Gilbert for water and sewer infrastructure <br/>
<a id="pl.9.6"></a><var>9.6</var>upgrades;<br/>
<a id="pl.9.7"></a><var>9.7</var>(vii) .7752 cent per ton to the city of Mountain Iron for water and sewer infrastructure;<br/>
<a id="pl.9.8"></a><var>9.8</var>(viii) 1.2920 cents per ton to the city of Virginia for utility upgrades and accessibility <br/>
<a id="pl.9.9"></a><var>9.9</var>modifications for the miners' memorial;<br/>
<a id="pl.9.10"></a><var>9.10</var>(ix) .6460 cent per ton to the town of White for Highway 135 road upgrades;<br/>
<a id="pl.9.11"></a><var>9.11</var>(x) 1.9380 cents per ton to the city of Hibbing for public infrastructure projects;<br/>
<a id="pl.9.12"></a><var>9.12</var>(xi) 1.1628 cents per ton to the city of Chisholm for water and sewer repair;<br/>
<a id="pl.9.13"></a><var>9.13</var>(xii) .6460 cent per ton to the town of Balkan for community center repairs;<br/>
<a id="pl.9.14"></a><var>9.14</var>(xiii) .9044 cent per ton to the city of Babbitt for city garage construction;<br/>
<a id="pl.9.15"></a><var>9.15</var>(xiv) .5168 cent per ton to the city of Cook for public infrastructure projects;<br/>
<a id="pl.9.16"></a><var>9.16</var>(xv) .5168 cent per ton to the city of Ely for reconstruction of 2nd Avenue West;<br/>
<a id="pl.9.17"></a><var>9.17</var>(xvi) .6460 cent per ton to the city of Tower for water infrastructure upgrades;<br/>
<a id="pl.9.18"></a><var>9.18</var>(xvii) .1292 cent per ton to the city of Orr for water infrastructure upgrades;<br/>
<a id="pl.9.19"></a><var>9.19</var>(xviii) .1292 cent per ton to the city of Silver Bay for emergency cleanup;<br/>
<a id="pl.9.20"></a><var>9.20</var>(xvix) .3230 cent per ton to Lake County for trail construction;<br/>
<a id="pl.9.21"></a><var>9.21</var>(xx) .1292 cent per ton to Cook County for construction of tennis courts in Grand <br/>
<a id="pl.9.22"></a><var>9.22</var>Marais;<br/>
<a id="pl.9.23"></a><var>9.23</var>(xxi) .3101 cent per ton to the city of Two Harbors for water infrastructure <br/>
<a id="pl.9.24"></a><var>9.24</var>improvements;<br/>
<a id="pl.9.25"></a><var>9.25</var>(xxii) .1938 cent per ton for land acquisition for phase one of Cook Airport project;<br/>
<a id="pl.9.26"></a><var>9.26</var>(xxiii) 1.0336 cents per ton to the city of Coleraine for water and sewer <br/>
<a id="pl.9.27"></a><var>9.27</var>improvements along Gayley Avenue;<br/>
<a id="pl.9.28"></a><var>9.28</var>(xxiv) .3876 cent per ton to the city of Marble for construction of a city <br/>
<a id="pl.9.29"></a><var>9.29</var>administration facility;<br/>
<a id="pl.9.30"></a><var>9.30</var>(xxv) .1292 cent per ton to the city of Calumet for repairs at city hall and the <br/>
<a id="pl.9.31"></a><var>9.31</var>community center;<br/>
<a id="pl.9.32"></a><var>9.32</var>(xxvi) .6460 cent per ton to the city of Nashwauk for electrical infrastructure <br/>
<a id="pl.9.33"></a><var>9.33</var>upgrades;<br/>
<a id="pl.9.34"></a><var>9.34</var>(xxvii) 1.0336 cents per ton to the city of Keewatin for water and sewer upgrades <br/>
<a id="pl.9.35"></a><var>9.35</var>along Depot Street;<br/>
<a id="pl.10.1"></a><var>10.1</var>(xxviii) .2584 cent per ton to the city of Aitkin for water, sewer, street, and gutter <br/>
<a id="pl.10.2"></a><var>10.2</var>improvements;<br/>
<a id="pl.10.3"></a><var>10.3</var>(xxix) 1.1628 cents per ton to the city of Grand Rapids for water and sewer <br/>
<a id="pl.10.4"></a><var>10.4</var>infrastructure upgrades at Pokegema Golf Course and Park Place;<br/>
<a id="pl.10.5"></a><var>10.5</var>(xxx) .1809 cent per ton to the city of Grand Rapids for water and sewer upgrades <br/>
<a id="pl.10.6"></a><var>10.6</var>for 1st Avenue from River Road to 3rd Street SE; and<br/>
<a id="pl.10.7"></a><var>10.7</var>(xxxi) .9044 cent per ton to the city of Cohasset for upgrades to the railroad crossing <br/>
<a id="pl.10.8"></a><var>10.8</var>at Highway 2 and County Road 62.<br/>
<br/>
<a id="bill.0.16.0"></a><a id="pl.10.9"></a><var>10.9</var>    Sec. 16. Minnesota Statutes 2012, section 298.223, subdivision 2, is amended to read:<br/>
<a id="pl.10.10"></a><var>10.10</var>    Subd. 2. <b>Administration.</b> (a) The taconite area environmental protection fund shall <br/>
<a id="pl.10.11"></a><var>10.11</var>be administered by the commissioner of the Iron Range Resources and Rehabilitation <br/>
<a id="pl.10.12"></a><var>10.12</var>Board. The commissioner shall by September 1 of each year submit to the board a list <br/>
<a id="pl.10.13"></a><var>10.13</var>of projects to be funded from the taconite area environmental protection fund, with such <br/>
<a id="pl.10.14"></a><var>10.14</var>supporting information including description of the projects, plans, and cost estimates as <br/>
<a id="pl.10.15"></a><var>10.15</var>may be necessary.<br/>
<a id="pl.10.16"></a><var>10.16</var>    (b) Each year no less than one-half of the amounts deposited into the taconite <br/>
<a id="pl.10.17"></a><var>10.17</var>environmental protection fund must be used for public works projects, including <br/>
<a id="pl.10.18"></a><var>10.18</var>construction of sewer and water systems, as specified under subdivision 1, clause (3). The <br/>
<a id="pl.10.19"></a><var>10.19</var>Iron Range Resources and Rehabilitation Board with approval by at least seven Iron <br/>
<a id="pl.10.20"></a><var>10.20</var>Range Resources and Rehabilitation Board members, may waive the requirements of <br/>
<a id="pl.10.21"></a><var>10.21</var>this paragraph.<br/>
<a id="pl.10.22"></a><var>10.22</var>    (c) Upon approval by at least seven Iron Range Resources and Rehabilitation Board <br/>
<a id="pl.10.23"></a><var>10.23</var>members the board, the list of projects approved under this subdivision shall be submitted to <br/>
<a id="pl.10.24"></a><var>10.24</var>the governor by November 1 of each year. By December 1 of each year, the governor shall <br/>
<a id="pl.10.25"></a><var>10.25</var>approve or disapprove, or return for further consideration, each project. Funds for a project <br/>
<a id="pl.10.26"></a><var>10.26</var>may be expended only upon approval of the project by at least seven Iron Range Resources <br/>
<a id="pl.10.27"></a><var>10.27</var>and Rehabilitation Board members, the board and the governor. The commissioner may <br/>
<a id="pl.10.28"></a><var>10.28</var>submit supplemental projects to the board and governor for approval at any time.<br/>
<br/>
<a id="bill.0.17.0"></a><a id="pl.10.29"></a><var>10.29</var>    Sec. 17. Minnesota Statutes 2012, section 298.227, is amended to read:<br/>
<a id="pl.10.30"></a><var>10.30</var><b>298.227 TACONITE ECONOMIC DEVELOPMENT FUND.</b><br/>
<a id="pl.10.31"></a><var>10.31</var>    (a) An amount equal to that distributed pursuant to each taconite producer's taxable <br/>
<a id="pl.10.32"></a><var>10.32</var>production and qualifying sales under section 
         <statute_ref>298.28, subdivision 9a</statute_ref>, shall be held by <br/>
<a id="pl.10.33"></a><var>10.33</var>the Iron Range Resources and Rehabilitation Board in a separate taconite economic <br/>
<a id="pl.10.34"></a><var>10.34</var>development fund for each taconite and direct reduced ore producer. Money from the <br/>
<a id="pl.11.1"></a><var>11.1</var>fund for each producer shall be released by the commissioner after review by a joint <br/>
<a id="pl.11.2"></a><var>11.2</var>committee consisting of an equal number of representatives of the salaried employees and <br/>
<a id="pl.11.3"></a><var>11.3</var>the nonsalaried production and maintenance employees of that producer. The District 11 <br/>
<a id="pl.11.4"></a><var>11.4</var>director of the United States Steelworkers of America, on advice of each local employee <br/>
<a id="pl.11.5"></a><var>11.5</var>president, shall select the employee members. In nonorganized operations, the employee <br/>
<a id="pl.11.6"></a><var>11.6</var>committee shall be elected by the nonsalaried production and maintenance employees. <br/>
<a id="pl.11.7"></a><var>11.7</var>The review must be completed no later than six months after the producer presents a <br/>
<a id="pl.11.8"></a><var>11.8</var>proposal for expenditure of the funds to the committee. The funds held pursuant to this <br/>
<a id="pl.11.9"></a><var>11.9</var>section may be released only for workforce development and associated public facility <br/>
<a id="pl.11.10"></a><var>11.10</var>improvement, or for acquisition of plant and stationary mining equipment and facilities <br/>
<a id="pl.11.11"></a><var>11.11</var>for the producer or for research and development in Minnesota on new mining, or <br/>
<a id="pl.11.12"></a><var>11.12</var>taconite, iron, or steel production technology, but only if the producer provides a matching <br/>
<a id="pl.11.13"></a><var>11.13</var>expenditure to be used for the same purpose of at least 50 percent of the distribution <br/>
<a id="pl.11.14"></a><var>11.14</var>based on 14.7 cents per ton beginning with distributions in 2002. Effective for proposals <br/>
<a id="pl.11.15"></a><var>11.15</var>for expenditures of money from the fund beginning May 26, 2007, the commissioner <br/>
<a id="pl.11.16"></a><var>11.16</var>may not release the funds before the next scheduled meeting of the board. If a proposed <br/>
<a id="pl.11.17"></a><var>11.17</var>expenditure is not approved by at least seven Iron Range Resources and Rehabilitation <br/>
<a id="pl.11.18"></a><var>11.18</var>Board members the board, the funds must be deposited in the Taconite Environmental <br/>
<a id="pl.11.19"></a><var>11.19</var>Protection Fund under sections 
         <statute_ref>298.222</statute_ref> to 
         <statute_ref>298.225</statute_ref>. If a producer uses money which has <br/>
<a id="pl.11.20"></a><var>11.20</var>been released from the fund prior to May 26, 2007 to procure haulage trucks, mobile <br/>
<a id="pl.11.21"></a><var>11.21</var>equipment, or mining shovels, and the producer removes the piece of equipment from the <br/>
<a id="pl.11.22"></a><var>11.22</var>taconite tax relief area defined in section 
         <statute_ref>273.134</statute_ref> within ten years from the date of receipt <br/>
<a id="pl.11.23"></a><var>11.23</var>of the money from the fund, a portion of the money granted from the fund must be repaid <br/>
<a id="pl.11.24"></a><var>11.24</var>to the taconite economic development fund. The portion of the money to be repaid is 100 <br/>
<a id="pl.11.25"></a><var>11.25</var>percent of the grant if the equipment is removed from the taconite tax relief area within 12 <br/>
<a id="pl.11.26"></a><var>11.26</var>months after receipt of the money from the fund, declining by ten percent for each of the <br/>
<a id="pl.11.27"></a><var>11.27</var>subsequent nine years during which the equipment remains within the taconite tax relief <br/>
<a id="pl.11.28"></a><var>11.28</var>area. If a taconite production facility is sold after operations at the facility had ceased, any <br/>
<a id="pl.11.29"></a><var>11.29</var>money remaining in the fund for the former producer may be released to the purchaser of <br/>
<a id="pl.11.30"></a><var>11.30</var>the facility on the terms otherwise applicable to the former producer under this section. If <br/>
<a id="pl.11.31"></a><var>11.31</var>a producer fails to provide matching funds for a proposed expenditure within six months <br/>
<a id="pl.11.32"></a><var>11.32</var>after the commissioner approves release of the funds, the funds are available for release to <br/>
<a id="pl.11.33"></a><var>11.33</var>another producer in proportion to the distribution provided and under the conditions of <br/>
<a id="pl.11.34"></a><var>11.34</var>this section. Any portion of the fund which is not released by the commissioner within <br/>
<a id="pl.11.35"></a><var>11.35</var>one year of its deposit in the fund shall be divided between the taconite environmental <br/>
<a id="pl.11.36"></a><var>11.36</var>protection fund created in section 
         <statute_ref>298.223 </statute_ref>and the Douglas J. Johnson economic protection <br/>
<a id="pl.12.1"></a><var>12.1</var>trust fund created in section 
         <statute_ref>298.292</statute_ref> for placement in their respective special accounts. <br/>
<a id="pl.12.2"></a><var>12.2</var>Two-thirds of the unreleased funds shall be distributed to the taconite environmental <br/>
<a id="pl.12.3"></a><var>12.3</var>protection fund and one-third to the Douglas J. Johnson economic protection trust fund.<br/>
<a id="pl.12.4"></a><var>12.4</var>    (b)(i) Notwithstanding the requirements of paragraph (a), setting the amount of <br/>
<a id="pl.12.5"></a><var>12.5</var>distributions and the review process, an amount equal to ten cents per taxable ton of <br/>
<a id="pl.12.6"></a><var>12.6</var>production in 2007, for distribution in 2008 only, that would otherwise be distributed <br/>
<a id="pl.12.7"></a><var>12.7</var>under paragraph (a), may be used for a loan or grant for the cost of providing for a <br/>
<a id="pl.12.8"></a><var>12.8</var>value-added wood product facility located in the taconite tax relief area and in a county <br/>
<a id="pl.12.9"></a><var>12.9</var>that contains a city of the first class. This amount must be deducted from the distribution <br/>
<a id="pl.12.10"></a><var>12.10</var>under paragraph (a) for which a matching expenditure by the producer is not required. The <br/>
<a id="pl.12.11"></a><var>12.11</var>granting of the loan or grant is subject to approval by at least seven Iron Range Resources <br/>
<a id="pl.12.12"></a><var>12.12</var>and Rehabilitation Board members the board. If the money is provided as a loan, interest <br/>
<a id="pl.12.13"></a><var>12.13</var>must be payable on the loan at the rate prescribed in section 
         <statute_ref>298.2213, subdivision 3</statute_ref>. (ii) <br/>
<a id="pl.12.14"></a><var>12.14</var>Repayments of the loan and interest, if any, must be deposited in the taconite environment <br/>
<a id="pl.12.15"></a><var>12.15</var>protection fund under sections 
         <statute_ref>298.222</statute_ref> to 
         <statute_ref>298.225</statute_ref>. If a loan or grant is not made under <br/>
<a id="pl.12.16"></a><var>12.16</var>this paragraph by July 1, 2012, the amount that had been made available for the loan under <br/>
<a id="pl.12.17"></a><var>12.17</var>this paragraph must be transferred to the taconite environment protection fund under <br/>
<a id="pl.12.18"></a><var>12.18</var>sections 
         <statute_ref>298.222</statute_ref> to 
         <statute_ref>298.225</statute_ref>. (iii) Money distributed in 2008 to the fund established <br/>
<a id="pl.12.19"></a><var>12.19</var>under this section that exceeds ten cents per ton is available to qualifying producers under <br/>
<a id="pl.12.20"></a><var>12.20</var>paragraph (a) on a pro rata basis.<br/>
<a id="pl.12.21"></a><var>12.21</var>(c) Repayment or transfer of money to the taconite environmental protection fund <br/>
<a id="pl.12.22"></a><var>12.22</var>under paragraph (b), item (ii), must be allocated by the Iron Range Resources and <br/>
<a id="pl.12.23"></a><var>12.23</var>Rehabilitation Board for public works projects in house legislative districts in the same <br/>
<a id="pl.12.24"></a><var>12.24</var>proportion as taxable tonnage of production in 2007 in each house legislative district, for <br/>
<a id="pl.12.25"></a><var>12.25</var>distribution in 2008, bears to total taxable tonnage of production in 2007, for distribution <br/>
<a id="pl.12.26"></a><var>12.26</var>in 2008. Notwithstanding any other law to the contrary, expenditures under this paragraph <br/>
<a id="pl.12.27"></a><var>12.27</var>do not require approval by the governor. For purposes of this paragraph, "house legislative <br/>
<a id="pl.12.28"></a><var>12.28</var>districts" means the legislative districts in existence on May 15, 2009.<br/>
<br/>
<a id="bill.0.18.0"></a><a id="pl.12.29"></a><var>12.29</var>    Sec. 18. Minnesota Statutes 2012, section 298.28, subdivision 9d, is amended to read:<br/>
<a id="pl.12.30"></a><var>12.30</var>    Subd. 9d. <b>Iron Range higher education account.</b> Five cents per taxable ton must <br/>
<a id="pl.12.31"></a><var>12.31</var>be allocated to the Iron Range Resources and Rehabilitation Board to be deposited in <br/>
<a id="pl.12.32"></a><var>12.32</var>an Iron Range higher education account that is hereby created, to be used for higher <br/>
<a id="pl.12.33"></a><var>12.33</var>education programs conducted at educational institutions in the taconite assistance area <br/>
<a id="pl.12.34"></a><var>12.34</var>defined in section 
         <statute_ref>273.1341</statute_ref>. The Iron Range Higher Education committee under section <br/>
<statute_ref><a id="pl.12.35"></a><var>12.35</var>298.2214,
         </statute_ref> and the Iron Range Resources and Rehabilitation Board by an affirmative vote <br/>
<a id="pl.13.1"></a><var>13.1</var>of at least seven Iron Range Resources and Rehabilitation Board members, must approve <br/>
<a id="pl.13.2"></a><var>13.2</var>all expenditures from the account.<br/>
<br/>
<a id="bill.0.19.0"></a><a id="pl.13.3"></a><var>13.3</var>    Sec. 19. Minnesota Statutes 2012, section 298.292, subdivision 2, is amended to read:<br/>
<a id="pl.13.4"></a><var>13.4</var>    Subd. 2. <b>Use of money.</b> Money in the Douglas J. Johnson economic protection trust <br/>
<a id="pl.13.5"></a><var>13.5</var>fund may be used for the following purposes:<br/>
<a id="pl.13.6"></a><var>13.6</var>    (1) to provide loans, loan guarantees, interest buy-downs and other forms of <br/>
<a id="pl.13.7"></a><var>13.7</var>participation with private sources of financing, but a loan to a private enterprise shall be <br/>
<a id="pl.13.8"></a><var>13.8</var>for a principal amount not to exceed one-half of the cost of the project for which financing <br/>
<a id="pl.13.9"></a><var>13.9</var>is sought, and the rate of interest on a loan to a private enterprise shall be no less than the <br/>
<a id="pl.13.10"></a><var>13.10</var>lesser of eight percent or an interest rate three percentage points less than a full faith <br/>
<a id="pl.13.11"></a><var>13.11</var>and credit obligation of the United States government of comparable maturity, at the <br/>
<a id="pl.13.12"></a><var>13.12</var>time that the loan is approved;<br/>
<a id="pl.13.13"></a><var>13.13</var>    (2) to fund reserve accounts established to secure the payment when due of the <br/>
<a id="pl.13.14"></a><var>13.14</var>principal of and interest on bonds issued pursuant to section 
         <statute_ref>298.2211</statute_ref>;<br/>
<a id="pl.13.15"></a><var>13.15</var>    (3) to pay in periodic payments or in a lump-sum payment any or all of the interest <br/>
<a id="pl.13.16"></a><var>13.16</var>on bonds issued pursuant to chapter 474 for the purpose of constructing, converting, <br/>
<a id="pl.13.17"></a><var>13.17</var>or retrofitting heating facilities in connection with district heating systems or systems <br/>
<a id="pl.13.18"></a><var>13.18</var>utilizing alternative energy sources;<br/>
<a id="pl.13.19"></a><var>13.19</var>    (4) to invest in a venture capital fund or enterprise that will provide capital to other <br/>
<a id="pl.13.20"></a><var>13.20</var>entities that are engaging in, or that will engage in, projects or programs that have the <br/>
<a id="pl.13.21"></a><var>13.21</var>purposes set forth in subdivision 1. No investments may be made in a venture capital fund <br/>
<a id="pl.13.22"></a><var>13.22</var>or enterprise unless at least two other unrelated investors make investments of at least <br/>
<a id="pl.13.23"></a><var>13.23</var>$500,000 in the venture capital fund or enterprise, and the investment by the Douglas <br/>
<a id="pl.13.24"></a><var>13.24</var>J. Johnson economic protection trust fund may not exceed the amount of the largest <br/>
<a id="pl.13.25"></a><var>13.25</var>investment by an unrelated investor in the venture capital fund or enterprise. For purposes <br/>
<a id="pl.13.26"></a><var>13.26</var>of this subdivision, an "unrelated investor" is a person or entity that is not related to <br/>
<a id="pl.13.27"></a><var>13.27</var>the entity in which the investment is made or to any individual who owns more than 40 <br/>
<a id="pl.13.28"></a><var>13.28</var>percent of the value of the entity, in any of the following relationships: spouse, parent, <br/>
<a id="pl.13.29"></a><var>13.29</var>child, sibling, employee, or owner of an interest in the entity that exceeds ten percent of <br/>
<a id="pl.13.30"></a><var>13.30</var>the value of all interests in it. For purposes of determining the limitations under this <br/>
<a id="pl.13.31"></a><var>13.31</var>clause, the amount of investments made by an investor other than the Douglas J. Johnson <br/>
<a id="pl.13.32"></a><var>13.32</var>economic protection trust fund is the sum of all investments made in the venture capital <br/>
<a id="pl.13.33"></a><var>13.33</var>fund or enterprise during the period beginning one year before the date of the investment <br/>
<a id="pl.13.34"></a><var>13.34</var>by the Douglas J. Johnson economic protection trust fund; and<br/>
<a id="pl.14.1"></a><var>14.1</var>    (5) to purchase forest land in the taconite assistance area defined in section 
         <statute_ref>273.1341 <br/>
</statute_ref><a id="pl.14.2"></a><var>14.2</var>to be held and managed as a public trust for the benefit of the area for the purposes <br/>
<a id="pl.14.3"></a><var>14.3</var>authorized in section 
         <statute_ref>298.22, subdivision 5a</statute_ref>. Property purchased under this section may <br/>
<a id="pl.14.4"></a><var>14.4</var>be sold by the commissioner upon approval by at least seven Iron Range Resources and <br/>
<a id="pl.14.5"></a><var>14.5</var>Rehabilitation Board members the board. The net proceeds must be deposited in the trust <br/>
<a id="pl.14.6"></a><var>14.6</var>fund for the purposes and uses of this section.<br/>
<a id="pl.14.7"></a><var>14.7</var>    Money from the trust fund shall be expended only in or for the benefit of the taconite <br/>
<a id="pl.14.8"></a><var>14.8</var>assistance area defined in section 
         <statute_ref>273.1341</statute_ref>.<br/>
<br/>
<a id="bill.0.20.0"></a><a id="pl.14.9"></a><var>14.9</var>    Sec. 20. Minnesota Statutes 2012, section 298.294, is amended to read:<br/>
<a id="pl.14.10"></a><var>14.10</var><b>298.294 INVESTMENT OF FUND.</b><br/>
<a id="pl.14.11"></a><var>14.11</var>(a) The trust fund established by section 
         <statute_ref>298.292</statute_ref> shall be invested pursuant to law <br/>
<a id="pl.14.12"></a><var>14.12</var>by the State Board of Investment and the net interest, dividends, and other earnings arising <br/>
<a id="pl.14.13"></a><var>14.13</var>from the investments shall be transferred, except as provided in paragraph (b), on the first <br/>
<a id="pl.14.14"></a><var>14.14</var>day of each month to the trust and shall be included and become part of the trust fund. <br/>
<a id="pl.14.15"></a><var>14.15</var>The amounts transferred, including the interest, dividends, and other earnings earned <br/>
<a id="pl.14.16"></a><var>14.16</var>prior to July 13, 1982, together with the additional amount of $10,000,000 for fiscal year <br/>
<a id="pl.14.17"></a><var>14.17</var>1983, which is appropriated April 21, 1983, are appropriated from the trust fund to the <br/>
<a id="pl.14.18"></a><var>14.18</var>commissioner of Iron Range resources and rehabilitation for deposit in a separate account <br/>
<a id="pl.14.19"></a><var>14.19</var>for expenditure for the purposes set forth in section 
         <statute_ref>298.292</statute_ref>. Amounts appropriated <br/>
<a id="pl.14.20"></a><var>14.20</var>pursuant to this section shall not cancel but shall remain available unless expended.<br/>
<a id="pl.14.21"></a><var>14.21</var>(b) For fiscal years 2010 and 2011 only, $1,500,000 of the net interest, dividends, <br/>
<a id="pl.14.22"></a><var>14.22</var>and other earnings under paragraph (a) shall be transferred to a special account. Funds <br/>
<a id="pl.14.23"></a><var>14.23</var>in the special account are available for loans or grants to businesses, with priority given <br/>
<a id="pl.14.24"></a><var>14.24</var>to businesses with 25 or fewer employees. Funds may be used for wage subsidies for <br/>
<a id="pl.14.25"></a><var>14.25</var>up to 52 weeks of up to $5 per hour or other activities, including, but not limited to, <br/>
<a id="pl.14.26"></a><var>14.26</var>short-term operating expenses and purchase of equipment and materials by businesses <br/>
<a id="pl.14.27"></a><var>14.27</var>under financial duress, that will create additional jobs in the taconite assistance area under <br/>
<a id="pl.14.28"></a><var>14.28</var>section 
         <statute_ref>273.1341</statute_ref>. Expenditures from the special account must be approved by at least <br/>
<a id="pl.14.29"></a><var>14.29</var>seven Iron Range Resources and Rehabilitation Board members the board.<br/>
<a id="pl.14.30"></a><var>14.30</var>(c) To qualify for a grant or loan, a business must be currently operating and have <br/>
<a id="pl.14.31"></a><var>14.31</var>been operating for one year immediately prior to its application for a loan or grant, and its <br/>
<a id="pl.14.32"></a><var>14.32</var>corporate headquarters must be located in the taconite assistance area.<br/>
<br/>
<a id="bill.0.21.0"></a><a id="pl.14.33"></a><var>14.33</var>    Sec. 21. Minnesota Statutes 2012, section 298.296, subdivision 1, is amended to read:<br/>
<a id="pl.15.1"></a><var>15.1</var>    Subdivision 1. <b>Project approval.</b> The board and commissioner shall by August 1 of <br/>
<a id="pl.15.2"></a><var>15.2</var>each year prepare a list of projects to be funded from the Douglas J. Johnson economic <br/>
<a id="pl.15.3"></a><var>15.3</var>protection trust with necessary supporting information including description of the <br/>
<a id="pl.15.4"></a><var>15.4</var>projects, plans, and cost estimates. These projects shall be consistent with the priorities <br/>
<a id="pl.15.5"></a><var>15.5</var>established in section 
         <statute_ref>298.292</statute_ref> and shall not be approved by the board unless it finds that:<br/>
<a id="pl.15.6"></a><var>15.6</var>(a) the project will materially assist, directly or indirectly, the creation of additional <br/>
<a id="pl.15.7"></a><var>15.7</var>long-term employment opportunities;<br/>
<a id="pl.15.8"></a><var>15.8</var>(b) the prospective benefits of the expenditure exceed the anticipated costs; and<br/>
<a id="pl.15.9"></a><var>15.9</var>(c) in the case of assistance to private enterprise, the project will serve a sound <br/>
<a id="pl.15.10"></a><var>15.10</var>business purpose.<br/>
<a id="pl.15.11"></a><var>15.11</var> Each project must be approved by at least eight Iron Range Resources and <br/>
<a id="pl.15.12"></a><var>15.12</var>Rehabilitation Board over one-half of all of the members of the board and the <br/>
<a id="pl.15.13"></a><var>15.13</var>commissioner of Iron Range resources and rehabilitation. The list of projects shall <br/>
<a id="pl.15.14"></a><var>15.14</var>be submitted to the governor, who shall, by November 15 of each year, approve or <br/>
<a id="pl.15.15"></a><var>15.15</var>disapprove, or return for further consideration, each project. The money for a project may <br/>
<a id="pl.15.16"></a><var>15.16</var>be expended only upon approval of the project by the governor. The board may submit <br/>
<a id="pl.15.17"></a><var>15.17</var>supplemental projects for approval at any time.<br/>
<br/>
<a id="bill.0.22.0"></a><a id="pl.15.18"></a><var>15.18</var>    Sec. 22. Minnesota Statutes 2012, section 298.296, subdivision 2, is amended to read:<br/>
<a id="pl.15.19"></a><var>15.19</var>    Subd. 2. <b>Expenditure of funds.</b> (a) Before January 1, 2028, funds may be expended <br/>
<a id="pl.15.20"></a><var>15.20</var>on projects and for administration of the trust fund only from the net interest, earnings, <br/>
<a id="pl.15.21"></a><var>15.21</var>and dividends arising from the investment of the trust at any time, including net interest, <br/>
<a id="pl.15.22"></a><var>15.22</var>earnings, and dividends that have arisen prior to July 13, 1982, plus $10,000,000 made <br/>
<a id="pl.15.23"></a><var>15.23</var>available for use in fiscal year 1983, except that any amount required to be paid out of the <br/>
<a id="pl.15.24"></a><var>15.24</var>trust fund to provide the property tax relief specified in Laws 1977, chapter 423, article <br/>
<a id="pl.15.25"></a><var>15.25</var>X, section 4, and to make school bond payments and payments to recipients of taconite <br/>
<a id="pl.15.26"></a><var>15.26</var>production tax proceeds pursuant to section 
         <statute_ref>298.225</statute_ref>, may be taken from the corpus of <br/>
<a id="pl.15.27"></a><var>15.27</var>the trust.<br/>
<a id="pl.15.28"></a><var>15.28</var>    (b) Additionally, upon recommendation by the board, up to $13,000,000 from the <br/>
<a id="pl.15.29"></a><var>15.29</var>corpus of the trust may be made available for use as provided in subdivision 4, and up to <br/>
<a id="pl.15.30"></a><var>15.30</var>$10,000,000 from the corpus of the trust may be made available for use as provided in <br/>
<a id="pl.15.31"></a><var>15.31</var>section 
         <statute_ref>298.2961</statute_ref>.<br/>
<a id="pl.15.32"></a><var>15.32</var>    (c) Additionally, an amount equal to 20 percent of the value of the corpus of the trust <br/>
<a id="pl.15.33"></a><var>15.33</var>on May 18, 2002, not including the funds authorized in paragraph (b), plus the amounts <br/>
<a id="pl.15.34"></a><var>15.34</var>made available under section 
         <statute_ref>298.28, subdivision 4</statute_ref>, and Laws 2002, chapter 377, article <br/>
<a id="pl.16.1"></a><var>16.1</var>8, section 17, may be expended on projects. Funds may be expended for projects under <br/>
<a id="pl.16.2"></a><var>16.2</var>this paragraph only if the project:<br/>
<a id="pl.16.3"></a><var>16.3</var>    (1) is for the purposes established under section 
         <statute_ref>298.292, subdivision 1</statute_ref>, clause <br/>
<a id="pl.16.4"></a><var>16.4</var>(1) or (2); and<br/>
<a id="pl.16.5"></a><var>16.5</var>    (2) is approved by two-thirds of all of the members of the board upon an affirmative <br/>
<a id="pl.16.6"></a><var>16.6</var>vote of at least ten of its members.<br/>
<a id="pl.16.7"></a><var>16.7</var>No money made available under this paragraph or paragraph (d) can be used for <br/>
<a id="pl.16.8"></a><var>16.8</var>administrative or operating expenses of the Iron Range Resources and Rehabilitation Board <br/>
<a id="pl.16.9"></a><var>16.9</var>or expenses relating to any facilities owned or operated by the board on May 18, 2002.<br/>
<a id="pl.16.10"></a><var>16.10</var>    (d) Upon recommendation by a unanimous vote of all members of the board, <br/>
<a id="pl.16.11"></a><var>16.11</var>amounts in addition to those authorized under paragraphs (a), (b), and (c) may be <br/>
<a id="pl.16.12"></a><var>16.12</var>expended on projects described in section 
         <statute_ref>298.292, subdivision 1</statute_ref>.<br/>
<a id="pl.16.13"></a><var>16.13</var>    (e) Annual administrative costs, not including detailed engineering expenses for the <br/>
<a id="pl.16.14"></a><var>16.14</var>projects, shall not exceed five percent of the net interest, dividends, and earnings arising <br/>
<a id="pl.16.15"></a><var>16.15</var>from the trust in the preceding fiscal year.<br/>
<a id="pl.16.16"></a><var>16.16</var>    (f) Principal and interest received in repayment of loans made pursuant to this <br/>
<a id="pl.16.17"></a><var>16.17</var>section, and earnings on other investments made under section 
         <statute_ref>298.292, subdivision 2</statute_ref>, <br/>
<a id="pl.16.18"></a><var>16.18</var>clause (4), shall be deposited in the state treasury and credited to the trust. These receipts <br/>
<a id="pl.16.19"></a><var>16.19</var>are appropriated to the board for the purposes of sections 
         <statute_ref>298.291</statute_ref> to 
         <statute_ref>298.298</statute_ref>.<br/>
<a id="pl.16.20"></a><var>16.20</var>    (g) Additionally, notwithstanding section 
         <statute_ref>298.293</statute_ref>, upon the affirmative vote of at <br/>
<a id="pl.16.21"></a><var>16.21</var>least seven Iron Range Resources and Rehabilitation Board members approval of the <br/>
<a id="pl.16.22"></a><var>16.22</var>board, money from the corpus of the trust may be expanded to purchase forest lands <br/>
<a id="pl.16.23"></a><var>16.23</var>within the taconite assistance area as provided in sections 
         <statute_ref>298.22</statute_ref>, subdivision 5a, and <br/>
<statute_ref><a id="pl.16.24"></a><var>16.24</var>298.292, subdivision 2
         </statute_ref>, clause (5).<br/>
<br/>
<a id="bill.0.23.0"></a><a id="pl.16.25"></a><var>16.25</var>    Sec. 23. Minnesota Statutes 2012, section 298.2961, subdivision 2, is amended to read:<br/>
<a id="pl.16.26"></a><var>16.26</var>    Subd. 2. <b>Projects; approval.</b> (a) Projects funded must be for:<br/>
<a id="pl.16.27"></a><var>16.27</var>    (1) environmentally unique reclamation projects; or<br/>
<a id="pl.16.28"></a><var>16.28</var>    (2) pit or plant repairs, expansions, or modernizations other than for a value added <br/>
<a id="pl.16.29"></a><var>16.29</var>iron products plant.<br/>
<a id="pl.16.30"></a><var>16.30</var>    (b) To be proposed by the board, a project must be approved by at least eight Iron <br/>
<a id="pl.16.31"></a><var>16.31</var>Range Resources and Rehabilitation Board members the board. The money for a project <br/>
<a id="pl.16.32"></a><var>16.32</var>may be spent only upon approval of the project by the governor. The board may submit <br/>
<a id="pl.16.33"></a><var>16.33</var>supplemental projects for approval at any time.<br/>
<a id="pl.16.34"></a><var>16.34</var>    (c) The board may require that it receive an equity percentage in any project to <br/>
<a id="pl.16.35"></a><var>16.35</var>which it contributes under this section.<br/>
<br/>
<a id="bill.0.24.0"></a><a id="pl.17.1"></a><var>17.1</var>    Sec. 24. Minnesota Statutes 2012, section 298.2961, subdivision 4, is amended to read:<br/>
<a id="pl.17.2"></a><var>17.2</var>    Subd. 4. <b>Grant and loan fund.</b> (a) A fund is established to receive distributions <br/>
<a id="pl.17.3"></a><var>17.3</var>under section 
         <statute_ref>298.28, subdivision 9b</statute_ref>, and to make grants or loans as provided in this <br/>
<a id="pl.17.4"></a><var>17.4</var>subdivision. Any grant or loan made under this subdivision must be approved by at least <br/>
<a id="pl.17.5"></a><var>17.5</var>seven Iron Range Resources and Rehabilitation Board members the board, established <br/>
<a id="pl.17.6"></a><var>17.6</var>under section 
         <statute_ref>298.22</statute_ref>.<br/>
<a id="pl.17.7"></a><var>17.7</var>    (b) Distributions received in calendar year 2005 are allocated to the city of Virginia <br/>
<a id="pl.17.8"></a><var>17.8</var>for improvements and repairs to the city's steam heating system.<br/>
<a id="pl.17.9"></a><var>17.9</var>    (c) Distributions received in calendar year 2006 are allocated to a project of the <br/>
<a id="pl.17.10"></a><var>17.10</var>public utilities commissions of the cities of Hibbing and Virginia to convert their electrical <br/>
<a id="pl.17.11"></a><var>17.11</var>generating plants to the use of biomass products, such as wood.<br/>
<a id="pl.17.12"></a><var>17.12</var>    (d) Distributions received in calendar year 2007 must be paid to the city of Tower to <br/>
<a id="pl.17.13"></a><var>17.13</var>be used for the East Two Rivers project in or near the city of Tower.<br/>
<a id="pl.17.14"></a><var>17.14</var>    (e) For distributions received in 2008, the first $2,000,000 of the 2008 distribution <br/>
<a id="pl.17.15"></a><var>17.15</var>must be paid to St. Louis County for deposit in its county road and bridge fund to be <br/>
<a id="pl.17.16"></a><var>17.16</var>used for relocation of St. Louis County Road 715, commonly referred to as Pike River <br/>
<a id="pl.17.17"></a><var>17.17</var>Road. The remainder of the 2008 distribution must be paid to St. Louis County for a <br/>
<a id="pl.17.18"></a><var>17.18</var>grant to the city of Virginia for connecting sewer and water lines to the St. Louis County <br/>
<a id="pl.17.19"></a><var>17.19</var>maintenance garage on Highway 135, further extending the lines to interconnect with the <br/>
<a id="pl.17.20"></a><var>17.20</var>city of Gilbert's sewer and water lines. All distributions received in 2009 and subsequent <br/>
<a id="pl.17.21"></a><var>17.21</var>years are allocated for projects under section 
         <statute_ref>298.223</statute_ref>, subdivision 1.<br/>
<br/>
<a id="bill.0.25.0"></a><a id="pl.17.22"></a><var>17.22</var>    Sec. 25. Minnesota Statutes 2012, section 298.2961, subdivision 5, is amended to read:<br/>
<a id="pl.17.23"></a><var>17.23</var>    Subd. 5. <b>Public works and local economic development fund.</b> For distributions in <br/>
<a id="pl.17.24"></a><var>17.24</var>2007 only, a special fund is established to receive 38.4 cents per ton that otherwise would <br/>
<a id="pl.17.25"></a><var>17.25</var>be allocated under section 
         <statute_ref>298.28</statute_ref>, subdivision 6. The following amounts are allocated to <br/>
<a id="pl.17.26"></a><var>17.26</var>St. Louis County acting as the fiscal agent for the recipients for the specific purposes:<br/>
<a id="pl.17.27"></a><var>17.27</var>    (1) 13.4 cents per ton for the Central Iron Range Sanitary Sewer District for <br/>
<a id="pl.17.28"></a><var>17.28</var>construction of a combined wastewater facility and notwithstanding section 
         <statute_ref>298.28</statute_ref>, <br/>
<a id="pl.17.29"></a><var>17.29</var>subdivision 11, paragraph (a), or any other law, interest accrued on this money while held <br/>
<a id="pl.17.30"></a><var>17.30</var>by St. Louis County shall also be distributed to the recipient;<br/>
<a id="pl.17.31"></a><var>17.31</var>    (2) six cents per ton to the city of Eveleth to redesign and design and construct <br/>
<a id="pl.17.32"></a><var>17.32</var>improvements to renovate its water treatment facility;<br/>
<a id="pl.17.33"></a><var>17.33</var>    (3) one cent per ton for the East Range Joint Powers Board to acquire land for and to <br/>
<a id="pl.17.34"></a><var>17.34</var>design a central wastewater collection and treatment system;<br/>
<a id="pl.17.35"></a><var>17.35</var>    (4) 0.5 cents per ton to the city of Hoyt Lakes to repair Leeds Road;<br/>
<a id="pl.18.1"></a><var>18.1</var>    (5) 0.7 cents per ton to the city of Virginia to extend Eighth Street South;<br/>
<a id="pl.18.2"></a><var>18.2</var>    (6) 0.7 cents per ton to the city of Mountain Iron to repair Hoover Road;<br/>
<a id="pl.18.3"></a><var>18.3</var>    (7) 0.9 cents per ton to the city of Gilbert for alley repairs between Michigan and <br/>
<a id="pl.18.4"></a><var>18.4</var>Indiana Avenues and for repayment of a loan to the Minnesota Department of Employment <br/>
<a id="pl.18.5"></a><var>18.5</var>and Economic Development;<br/>
<a id="pl.18.6"></a><var>18.6</var>    (8) 0.4 cents per ton to the city of Keewatin for a new city well;<br/>
<a id="pl.18.7"></a><var>18.7</var>    (9) 0.3 cents per ton to the city of Grand Rapids for planning for a fire and hazardous <br/>
<a id="pl.18.8"></a><var>18.8</var>materials center;<br/>
<a id="pl.18.9"></a><var>18.9</var>    (10) 0.9 cents per ton to Aitkin County Growth for an economic development <br/>
<a id="pl.18.10"></a><var>18.10</var>project for peat harvesting;<br/>
<a id="pl.18.11"></a><var>18.11</var>    (11) 0.4 cents per ton to the city of Nashwauk to develop a comprehensive city plan;<br/>
<a id="pl.18.12"></a><var>18.12</var>    (12) 0.4 cents per ton to the city of Taconite for development of a city comprehensive <br/>
<a id="pl.18.13"></a><var>18.13</var>plan;<br/>
<a id="pl.18.14"></a><var>18.14</var>    (13) 0.3 cents per ton to the city of Marble for water and sewer infrastructure;<br/>
<a id="pl.18.15"></a><var>18.15</var>    (14) 0.8 cents per ton to Aitkin County for improvements to the Long Lake <br/>
<a id="pl.18.16"></a><var>18.16</var>Environmental Learning Center;<br/>
<a id="pl.18.17"></a><var>18.17</var>    (15) 0.3 cents per ton to the city of Coleraine for the Coleraine Technology Center;<br/>
<a id="pl.18.18"></a><var>18.18</var>    (16) 0.5 cents per ton to the Economic Development Authority of the city of Grand <br/>
<a id="pl.18.19"></a><var>18.19</var>Rapids for planning for the North Central Research and Technology Laboratory;<br/>
<a id="pl.18.20"></a><var>18.20</var>    (17) 0.6 cents per ton to the city of Bovey for sewer and water extension;<br/>
<a id="pl.18.21"></a><var>18.21</var>    (18) 0.3 cents per ton to the city of Calumet for infrastructure improvements; and<br/>
<a id="pl.18.22"></a><var>18.22</var>    (19) ten cents per ton to the commissioner of Iron Range Resources and <br/>
<a id="pl.18.23"></a><var>18.23</var>Rehabilitation for deposit in a Highway 1 Corridor Account established by the <br/>
<a id="pl.18.24"></a><var>18.24</var>commissioner, to be distributed by the commissioner to any of the cities of Babbitt, Cook, <br/>
<a id="pl.18.25"></a><var>18.25</var>Ely, or Tower, for economic development projects approved by at least seven Iron Range <br/>
<a id="pl.18.26"></a><var>18.26</var>Resources and Rehabilitation Board members the board; notwithstanding section 
         <statute_ref>298.28, <br/>
<a id="pl.18.27"></a><var>18.27</var>subdivision 11
         </statute_ref>, paragraph (a), or any other law, interest accrued on this money while held <br/>
<a id="pl.18.28"></a><var>18.28</var>by St. Louis County or the commissioner shall also be distributed to the recipient.<br/>
<br/>
<a id="bill.0.26.0"></a><a id="pl.18.29"></a><var>18.29</var>    Sec. 26. <b>AMENDED RETURNS; CERTAIN IRA ROLLOVERS.</b><br/>
<a id="pl.18.30"></a><var>18.30</var>An individual who excludes an amount from net income in a prior taxable year <br/>
<a id="pl.18.31"></a><var>18.31</var>through rollover of an airline payment amount to a traditional IRA, as authorized under <br/>
<a id="pl.18.32"></a><var>18.32</var>Public Law 112-95, section 1106, may file an amended individual income tax return and <br/>
<a id="pl.18.33"></a><var>18.33</var>claim for refund of state taxes as provided under Minnesota Statutes, section 289A.40, <br/>
<a id="pl.18.34"></a><var>18.34</var>subdivision 1, or, if later, by June 1, 2013.<br/>
<a id="pl.18.35"></a><var>18.35</var><b>EFFECTIVE DATE.</b>This section is effective the day following final enactment.<br/>
<br/>
<a id="bill.0.27.0"></a><a id="pl.19.1"></a><var>19.1</var>    Sec. 27. <b> REPEALER.</b><br/>
<a id="pl.19.2"></a><var>19.2</var>Minnesota Statutes 2012, section 298.22, subdivision 2, is repealed.<br/>
<br/>
<a id="bill.0.28.0"></a><a id="pl.19.3"></a><var>19.3</var>    Sec. 28. <b>EFFECTIVE DATE.</b><br/>
<a id="pl.19.4"></a><var>19.4</var>This act is effective the day following final enactment.<br/>