MN HF3303

Amends taconite distribution provisions in Minnesota Statutes to restore general education aid reduction for certain taconite distributions effective for 2011 and thereafter.

Modifies city and town allocations of taconite tax to 4.5 cents per gross ton of merchantable iron ore concentrate, with apportionment rules for multi-district operations.

Allocates 4 cents per taxable ton to cities and organized townships affected by taconite mining (within three miles of an actively mined pit in prior three years), with aid based on largest producing mine when multiple operations qualify.

Establishes school district distributions: 23.15 cents per taxable ton plus increases; 3.43 cents for districts where taconite was mined or concentrated; 4 cents per ton from each facility for building maintenance and repairs in specified school districts.

Repeals Laws 2009, chapter 88, article 12, section 23, paragraph (c) and reenacts Minnesota Statutes 2008, section 126C.21, subdivision 4 for fiscal year 2011 and thereafter.