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MN SF2402

Bill

Status

Introduced

3/2/2023

Primary Sponsor

Grant Hauschild

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Increases county allocations of taconite production tax from 21.05 cents per taxable ton to 26.05 cents per taxable ton beginning in 2024.

  • Increases county road and bridge fund allocations from 10.525 cents to 15.525 cents per taxable ton for distributions beginning in 2024.

  • Reduces Iron Range school consolidation and cooperatively operated school account allocations from ten cents to five cents per taxable ton of the tax beginning in 2024.

  • Effective the day following final enactment for all amendments.

Legislative Description

Taconite production tax distribution modification

Last Action

Referred to Taxes

3/2/2023

Committee Referrals

Taxes3/2/2023

Full Bill Text

No bill text available