Extracted Natural Resources Amendments

Summary

The bill sets up a statewide critical minerals strategy, creates a council to guide it, and speeds up permitting for related projects. It changes mining exploration tax credits, creates a Critical Minerals Development Account and a State Reinvestment Fund to collect severance tax revenues, and provides property‑tax incentives in designated zones. The measures aim to boost domestic supply of critical minerals and support related economic development.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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