SF 3455

as introduced - 90th Legislature (2017 - 2018) Posted on 03/16/2018 08:43am

A bill for an act
relating to mining; modifying financial assurance requirements; amending
Minnesota Statutes 2016, section 93.49.

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

Section 1.

Minnesota Statutes 2016, section 93.49, is amended to read:

93.49 FINANCIAL ASSURANCE OF OPERATOR.

new text begin (a) new text end The commissioner shall require a bond or other security or other financial assurance
satisfactory to the commissioner from an operator. The commissioner shall review annually
the extent of each operator's financial assurance under this section.

new text begin (b) When determining the amount of financial assurance required under this section, the
commissioner must account for the estimated costs of adverse impacts on human health
that could develop because of the mining operation, including the health impacts on people
employed by the operator and people living or working in the community.
new text end