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MN HF4139

Bill

Official Source

Status

Introduced

3/21/2018

Primary Sponsor

Jason Metsa

Click for details

Origin

House of Representatives

90th Legislature 2017-2018

AI Summary

  • Authorizes a one-time transfer in 2018 only of mineral production tax proceeds to the fund established under Minnesota Statutes, section 298.28, subdivision 7
  • The fund receives a specified amount per ton of any excess balance remaining after required distributions under Minnesota Statutes, section 298.28, subdivision 6 are made
  • The bill does not specify the exact cents per ton rate, leaving that amount blank in the legislation
  • Applies exclusively to the 2018 distribution year and does not create ongoing transfer requirements

Legislative Description

Transfer of 2018 distribution of production tax proceeds provided.

Last Action

Committee report, to adopt as amended and re-refer to Taxes

4/9/2018

Committee Referrals

Taxes4/9/2018
Job Growth and Energy Affordability Policy and Finance3/21/2018

Full Bill Text

No bill text available