SF 1088

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

A bill for an act
relating to natural resources; creating minerals
management account; modifying disposition of certain
mineral payments; appropriating money; amending
Minnesota Statutes 2004, section 93.22, subdivision 1;
proposing coding for new law in Minnesota Statutes,
chapter 93.

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

Section 1.

Minnesota Statutes 2004, section 93.22,
subdivision 1, is amended to read:

Subdivision 1.

Generally.

new text begin (a) new text end All payments under
sections 93.14 to 93.285 shall be made to the Department of
Natural Resources and shall be credited according to this
section.

deleted text begin (a) deleted text end new text begin (b) Twenty percent of all payments under sections 93.14
to 93.285 shall be credited to the minerals management account
in the natural resources fund as costs for the administration
and management of state mineral resources by the commissioner of
natural resources.
new text end

new text begin (c) The remainder of the payments shall be credited as
follows:
new text end

new text begin (1) new text end If the lands or minerals and mineral rights covered by
a lease are held by the state by virtue of an act of Congress,
payments made under the lease shall be credited to the permanent
fund of the class of land to which the leased premises belong.

deleted text begin (b) deleted text end new text begin (2) new text end If a lease covers the bed of navigable waters,
payments made under the lease shall be credited to the permanent
school fund of the state.

deleted text begin (c) deleted text end new text begin (3) new text end If the lands or minerals and mineral rights covered
by a lease are held by the state in trust for the taxing
districts, payments made under the lease shall be distributed
annually on the first day of September deleted text begin as follows:
deleted text end

deleted text begin (1) 20 percent to the general fund; and
deleted text end

deleted text begin (2) 80 percent deleted text end to the respective counties in which the
lands lie, to be apportioned among the taxing districts
interested therein as follows: county, three-ninths; town or
city, two-ninths; and school district, four-ninths.

new text begin (4) If the lands or mineral rights covered by a lease
became the absolute property of the state under the provisions
of chapter 84A, payments made under the lease shall be
distributed as follows: county containing the land from which
the income was derived, five-eighths; and general fund of the
state, three-eighths.
new text end

deleted text begin (d) deleted text end new text begin (5) new text end Except as provided under this section and except
where the disposition of payments may be otherwise directed by
law, deleted text begin all deleted text end payments new text begin made under a lease new text end shall be paid into the
general fund of the state.

Sec. 2.

new text begin [93.2236] MINERALS MANAGEMENT ACCOUNT.
new text end

new text begin (a) The minerals management account is created as an
account in the natural resources fund. Interest earned on money
in the account accrues to the account. Money in the account may
be spent or distributed only as provided in paragraphs (b) and
(c).
new text end

new text begin (b) If the balance in the minerals management account
exceeds $3,000,000 on June 30, the amount exceeding $3,000,000
must be distributed to the permanent school fund and the
permanent university fund. The amount distributed to each fund
must be in the same proportion as the total mineral lease
revenue received in the previous biennium from school trust
lands and university lands.
new text end

new text begin (c) Subject to appropriation by the legislature, money in
the minerals management account may be spent by the commissioner
of natural resources for mineral resource management and
projects to enhance future mineral income and promote new
mineral resource opportunities.
new text end

Sec. 3. new text begin APPROPRIATIONS.
new text end

new text begin $1,946,000 in fiscal year 2006 and $1,946,000 in fiscal
year 2007 are appropriated from the minerals management account
to the commissioner of natural resources. Of the amount,
$1,526,000 each year is for mineral resource management and
$420,000 each year is for projects to enhance future income and
promote new opportunities, including value-added iron products,
geological mapping, and mercury research. The appropriation is
from the revenue deposited to the minerals management account
under Minnesota Statutes, section 93.22, subdivision 1,
paragraph (b).
new text end