Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature
Office of the Revisor of Statutes

HF 1968

as introduced - 90th Legislature (2017 - 2018) Posted on 03/06/2017 05:09pm

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Pdf Rtf

Bill Text Versions

Engrossments
Introduction Posted on 03/02/2017

Current Version - as introduced

Line numbers 1.1 1.2 1.3 1.4
1.5 1.6 1.7 1.8 1.9 1.10 1.11 1.12 1.13
1.14

A bill for an act
 relating to taxation; minerals; providing clarification for previously distributed
taconite tax proceeds.

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

Section 1. new text begin CLARIFYING AUTHORITY TO USE PREVIOUSLY DISTRIBUTED
TACONITE TAX PROCEEDS.
new text end

new text begin The commissioner of Iron Range resources and rehabilitation may use unspent amounts
allocated under Minnesota Statutes 2014, section 298.2961, subdivision 5, clause (19),
remaining as of May 22, 2016, for the specific purposes identified in that section.
Notwithstanding Minnesota Statutes, section 298.28, subdivision 11, paragraph (a), or any
other law to the contrary, interest accrued on this amount shall also be distributed to the
recipient. Amounts under this section are available until expended and do not lapse or cancel
under Minnesota Statutes, section 16A.28.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively from May 22, 2016.
 new text end