Minerals taxes; production tax distribution modified.

Summary

The bill revises the per‑ton tax rates and distribution formulas for taconite mining revenues, directing specific amounts to the school districts where the mines or processing plants are located and to districts that qualify for tax relief. It adds new allocations for companies such as United Taconite and Mesabi Metallics and updates calculations for additional aid. The changes aim to ensure school funding reflects mining activity and historic tax‑relief provisions.

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