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MN SF1678

Bill

Status

Introduced

2/16/2023

Primary Sponsor

Ann Rest

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Extends the ten cents per taxable ton allocation to the Iron Range school consolidation and cooperatively operated school account from 2023 through 2033 (previously ended in 2023)

  • Delays the reduction to five cents per taxable ton from 2024 to 2034

  • Allocations fund disbursements to assist school districts with bond payments for qualified school projects within the taconite assistance area approved by referendum after April 3, 2006

  • Commissioner of Iron Range resources and rehabilitation must approve all expenditures after consultation with the Iron Range Resources and Rehabilitation Board

  • Effective the day following final enactment

Legislative Description

Distribution modification to the Iron Range school consolidation and cooperatively operated school account

Last Action

Author added Farnsworth

3/2/2023

Committee Referrals

Taxes2/16/2023

Full Bill Text

No bill text available