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MN SF2709
Bill
Status
3/17/2014
Primary Sponsor
Tom Saxhaug
Click for details
AI Summary
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Modifies the use of taconite production tax funds allocated to the city of Aitkin from "sewer and water for housing" to "economic development" projects.
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Changes apply only to 2008 distributions under Minnesota Statutes section 298.28, subdivision 6, with a special fund established to receive 11.4 cents per ton.
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Requires the city of Aitkin to release all funds under this section to St. Louis County acting as fiscal agent by July 1, 2014.
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Maintains existing allocations to 11 other recipients including school districts, cities, St. Louis County, White Community Hospital, and Breitung township for specified infrastructure and development purposes.
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Takes effect the day following final enactment.
Legislative Description
Aitkin prior distribution of taconite production taxes use modification
Last Action
Referred to Taxes
3/17/2014