Section 298.294 — Investment Of Fund.
298.294 INVESTMENT OF FUND. The trust fund established by section 298.292 shall be invested pursuant to law by the State Board of Investment and the net interest, dividends, and other earnings arising from the investments shall be transferred on the first day of each month to the trust and shall be included and become part […]
Section 298.296 — Operation Of Fund.
298.296 OPERATION OF FUND. Subdivision 1. Project approval. Projects shall be consistent with the priorities established in section 298.292 and shall not be approved by the commissioner unless the commissioner, after consultation with the advisory board, finds that: (a) the project will materially assist, directly or indirectly, the creation of additional long-term employment opportunities; (b) […]
Section 298.2961 — Producer Grants.
298.2961 PRODUCER GRANTS. Subdivision 1. Appropriation. (a) $10,000,000 is appropriated from the Douglas J. Johnson economic protection trust fund to a special account in the taconite area environmental protection fund for grants to producers on a project-by-project basis as provided in this section. (b) The proceeds of the tax designated under section 298.28, subdivision 9b, […]
Section 298.297 — Advisory Committees.
298.297 ADVISORY COMMITTEES. Before submission of a project to the advisory board, the commissioner of Iron Range resources and rehabilitation shall appoint a technical advisory committee consisting of one or more persons who are knowledgeable in areas related to the objectives of the proposal. Members of the committees shall be compensated as provided in section […]
Section 298.31 — [Private, 1945 c 283 s 1]
298.31 [Private, 1945 c 283 s 1]
Section 298.34 — Semitaconite, Taxation, Definitions.
298.34 SEMITACONITE, TAXATION, DEFINITIONS. Subdivision 1. [Repealed, 1998 c 389 art 10 s 23] Subd. 2. Semitaconite deposit. For the purposes of sections 298.34 to 298.39, a “semitaconite deposit” is a deposit of altered iron formation, altered taconite, composites of iron-bearing and other minerals that exist either in mass as altered iron formation, or as […]
Section 298.283 — Change Of Status Of Municipality; Date For Determining Status.
298.283 CHANGE OF STATUS OF MUNICIPALITY; DATE FOR DETERMINING STATUS. If any qualifying municipality as defined in section 298.282, is consolidated with another municipality or part thereof, the secretary of state shall certify that fact to the commissioner of revenue, who shall determine the amounts payable to the consolidated municipality according to the combined population […]
Section 298.224 — Investment Of Funds; Income.
298.224 INVESTMENT OF FUNDS; INCOME. The fund established by section 298.223 shall be invested pursuant to law and the net interest and dividends arising from the investment shall be included and become part of the fund. History: 1977 c 423 art 10 s 21
Section 298.225 — Appropriation.
298.225 APPROPRIATION. Subdivision 1. Guaranteed distribution. (a) Except as provided under paragraph (c), the distribution of the taconite production tax as provided in section 298.28, subdivisions 3 to 5, 6, paragraph (b), 7, and 8, shall equal the lesser of the following amounts: (1) the amount distributed pursuant to this section and section 298.28, with […]
Section 298.227 — Taconite Economic Development Fund.
298.227 TACONITE ECONOMIC DEVELOPMENT FUND. An amount equal to that distributed pursuant to each taconite producer’s taxable production and qualifying sales under section 298.28, subdivision 9a, shall be held by the commissioner of Iron Range resources and rehabilitation in a separate taconite economic development fund for each taconite and direct reduced ore producer. Money from […]