Section 298.394 — Nature Of Tax.
298.394 NATURE OF TAX. Such tax shall be in addition to the occupation tax imposed upon the business of mining and producing iron ore and in addition to the royalty tax imposed upon royalties received for permission to mine and produce iron ore. Except as herein otherwise provided, it shall be in lieu of all […]
Section 298.395 — Payment And Collection.
298.395 PAYMENT AND COLLECTION. The tax provided in section 298.393 shall be collected and paid in the same manner and at the same time as provided by law for the payment of the occupation tax. Reports shall be made and hearings held upon the determination of the tax at the same times and in the […]
Section 298.35 — Imposition Of Tax; Amount.
298.35 IMPOSITION OF TAX; AMOUNT. There is hereby imposed upon semitaconite and semitaconite deposits, and upon the mining and quarrying thereof, and upon the production of concentrate or equivalent therefrom, and upon the concentrate or equivalent so produced, a tax of (a) in the case of concentrates agglomerated or sintered in Minnesota or to be […]
Section 298.36 — Nature Of Tax.
298.36 NATURE OF TAX. Such tax shall be in addition to the occupation tax imposed upon the business of mining and producing iron ore and in addition to the royalty tax imposed upon royalties received for permission to mine and produce iron ore. Except as herein otherwise provided, it shall be in lieu of all […]
Section 298.37 — Assessment At Local Tax Rate.
298.37 ASSESSMENT AT LOCAL TAX RATE. In any year in which at least 1,000 tons of iron ore concentrate is not produced from any 40-acre tract or governmental lot containing semitaconite, a tax may be assessed upon the semitaconite therein at the local tax rate prevailing in the taxing district and spread against the net […]
Section 298.38 — Payment And Collection.
298.38 PAYMENT AND COLLECTION. The tax provided in section 298.35 shall be collected and paid in the same manner and at the same time as provided by law for the payment of the occupation tax. Reports shall be made and hearings held upon the determination of the tax at the same times and in the […]
Section 298.285 — State Aid Amount; Appropriation.
298.285 STATE AID AMOUNT; APPROPRIATION. (a) The commissioner of revenue shall determine a state aid amount equal to a tax of 33 cents per taxable ton of iron ore concentrates for production year 2001 and 22 cents per taxable ton of iron ore concentrates for production years 2002 and thereafter, except as provided in paragraph […]
Section 298.291 — Citation.
298.291 CITATION. Sections 298.291 to 298.294 shall be known as the “Douglas J. Johnson Economic Protection Trust Fund Act.” History: 1977 c 423 art 10 s 25; 2Sp1982 c 2 s 4; 2002 c 377 art 8 s 14
Section 298.292 — Policy.
298.292 POLICY. Subdivision 1. Purposes. The legislature is cognizant of the severe economic dislocations and widespread unemployment that result when a single industry on which an area is largely dependent, experiences a drastic reduction in activity. The Douglas J. Johnson economic protection trust fund is hereby created to be devoted to economic rehabilitation and diversification […]
Section 298.293 — Expending Funds.
298.293 EXPENDING FUNDS. The funds provided by section 298.28, subdivision 11, relating to the Douglas J. Johnson economic protection trust fund, except money expended pursuant to Laws 1982, Second Special Session, chapter 2, sections 8 to 14, shall be expended only in an amount that does not exceed the sum of the net interest, dividends, […]