1997 Minnesota Statutes

     273.16 Determination of classification. 

    The classification of iron-bearing formations under the 
 provisions of sections 273.14 to 273.16 shall be determined in 
 the manner provided.  Any person engaged in the business of 
 mining, whose tonnage recovery of iron ore concentrates for a 
 taxable year in producing concentrates from the iron-bearing 
 material entering the beneficiating plant has been less than 50 
 percent, may file a petition with the commissioner of revenue 
 requesting classification of the deposit under the provisions of 
 sections 273.14 to 273.16.  The taxpayer shall furnish any 
 available data and information concerning the operation of the 
 deposit as the commissioner of revenue requires.  The 
 commissioner shall, upon receipt of it, submit the petition and 
 data to the University of Minnesota mines experiment station.  
 The mines experiment station shall consider the deposit referred 
 to in the petition as a unified commercial operation.  Based on 
 all engineering data and information furnished, it shall file a 
 written report with the commissioner of revenue, who, after 
 hearing, shall approve or disapprove the report.  If a 
 classification is made covering the deposit and property, the 
 commissioner of revenue shall give appropriate notice of it to 
 the taxing districts affected by it.  If the commissioner of 
 revenue disapproves of the classification, the commissioner's 
 findings and order on it may be reviewed by the court of appeals 
 on petition of the party aggrieved presented to the court within 
 30 days after the date of the order.  The classifications shall 
 also be subject to further review by the mines experiment 
 station, from time to time, upon request of the commissioner of 
 revenue or upon further petition by the taxpayer.  Valuations 
 determined hereunder shall be subject to the provisions of 
 sections 270.19 to 270.26.  

    HIST: (1993-4) 1937 c 364 s 3; 1973 c 582 s 3; 1983 c 247 s 
 119; 1986 c 444