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HF 2836

as introduced - 90th Legislature (2017 - 2018) Posted on 03/26/2018 05:12pm

KEY: stricken = removed, old language. underscored = added, new language.

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Current Version - as introduced

A bill for an act
relating to taxation; property; modifying the taconite assistance area;amending
Minnesota Statutes 2016, section 273.1341.

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

Section 1.

Minnesota Statutes 2016, section 273.1341, is amended to read:


273.1341 TACONITE ASSISTANCE AREA.

A "taconite assistance area" means the geographic area that falls within the boundaries
of the portion of Independent School District No. 707, Nett Lake, within St. Louis County
or
a school district that contains:

(1) a municipality in which the assessed valuation of unmined iron ore on May 1, 1941,
was not less than 40 percent of the assessed valuation of all real property; or

(2) a municipality in which on January 1, 1977, or the applicable assessment date, there
is a taconite concentrating plant or where taconite is mined or quarried or where there is
located an electric generating plant which qualifies as a taconite facility.

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