MN SF3208

Converts the net proceeds tax on mining into a gross proceeds tax at 0.4 percent effective for taxable years beginning after December 31, 2022.

Establishes a Tomassoni Solar Cell Incentive Program providing up to $3,000,000 annually from fiscal year 2026 through 2034 to eligible solar cell manufacturers in the Taconite Tax Relief Area with minimum $100,000,000 capital investment.

Modifies taconite assistance area definition to include municipalities in counties with active mining subject to the net gross proceeds tax or mines subject to minimum payment requirements.

Redistributes proceeds from gross proceeds and taconite production taxes among cities, towns, counties, school districts, and state accounts, with adjustments to the Iron Range resources and rehabilitation account allocations.

Increases occupation tax distributions by establishing new appropriations equal to specified cent-per-taxable-ton amounts for mining environmental services, Iron Range development, and school consolidation accounts.