2007 Minnesota Statutes

298.25 TAXES ADDITIONAL TO OCCUPATION TAX; IN LIEU OF OTHER TAXES.
The taxes imposed under section 298.24 shall be in addition to the occupation tax imposed
upon the business of mining and producing iron ore. Except as herein otherwise provided, such
taxes shall be in lieu of all other taxes upon such taconite, iron sulphides, and direct reduced ore or
the lands in which they are contained, or upon the mining or quarrying thereof, or the production
of concentrate or direct reduced ore therefrom, or upon the concentrate or direct reduced ore
produced, or upon the machinery, equipment, tools, supplies and buildings used in such mining,
quarrying or production, or upon the lands occupied by, or used in connection with, such mining,
quarrying or production facilities. If electric or steam power for the mining, transportation
or concentration of such taconite, concentrates or direct reduced ore produced therefrom is
generated in plants principally devoted to the generation of power for such purposes, the plants in
which such power is generated and all machinery, equipment, tools, supplies, transmission and
distribution lines used in the generation and distribution of such power, shall be considered to be
machinery, equipment, tools, supplies and buildings used in the mining, quarrying, or production
of taconite, taconite concentrates or direct reduced ore within the meaning of this section. If part
of the power generated in such a plant is used for purposes other than the mining or concentration
of taconite or direct reduced ore or the transportation or loading of taconite, the concentrates
thereof or direct reduced ore, a proportionate share of the value of such generating facilities, equal
to the proportion that the power used for such other purpose bears to the generating capacity of the
plant, shall be subject to the general property tax in the same manner as other property; provided,
power generated in such a plant and exchanged for an equivalent amount of power which is used
for the mining, transportation, or concentration of such taconite, concentrates or direct reduced
ore produced therefrom, shall be considered as used for such purposes within the meaning of
this section. Nothing herein shall prevent the assessment and taxation of the surface of reserve
land containing taconite and not occupied by such facilities or used in connection therewith at
the value thereof without regard to the taconite or iron sulphides therein, nor the assessment and
taxation of merchantable iron ore or other minerals, or iron-bearing materials other than taconite
or iron sulphides in such lands in the manner provided by law, nor the assessment and taxation of
facilities used in producing sulphur or sulphur products from iron sulphide concentrates, or in
refining such sulphur products, under the general property tax laws. Nothing herein shall except
from general taxation or from taxation as provided by other laws any property used for residential
or townsite purposes, including utility services thereto.
History: 1941 c 375 s 3; 1947 c 93 s 3; 1955 c 729 s 1; 1957 c 363 s 1; 1961 c 450 s 1;
Ex1971 c 31 art 30 s 2; 1977 c 423 art 10 s 13; 1987 c 268 art 9 s 38; 1995 c 264 art 7 s 4