2025 Session Last amended: 2002 session

§ 477A.15 — Taconite Aid Reimbursement

Plain-Language Summary

This section provides annual payments to school districts that lost taconite tax benefits they previously received under older iron ore tax laws. Starting in 1981, qualifying districts receive the same amount each year that they received in 1980 under the old taconite distribution formula. Payments are made at the same time as local government aid.

477A.15 TACONITE AID REIMBURSEMENT.

Any school district in which is located property which had been entitled to a reduction of tax pursuant to Minnesota Statutes 1978, section 273.135, subdivision 2, clause (c), shall receive in 1981 and subsequent years an amount equal to the amount it received in 1980 pursuant to Minnesota Statutes 1978, section 298.28, subdivision 1, clause (3)(b). Payments shall be made pursuant to this section and section 126C.48, subdivision 8, paragraph (5), by the commissioner of revenue to the taxing jurisdictions on the date in each calendar year when the first installment is paid under section 477A.015.

History:

1980 c 607 art 7 s 6; 1994 c 416 art 1 s 62; 2002 c 377 art 8 s 16

History: History: 1980 c 607 art 7 s 6; 1994 c 416 art 1 s 62; 2002 c 377 art 8 s 16

Practical Notes

This is a legacy provision tied to the Iron Range taconite industry and the history of state school funding in northeastern Minnesota. Only school districts that received 1980 payments under the old law qualify. The payment amounts are frozen at the 1980 level and do not increase over time.

Source: Minnesota Office of the Revisor of Statutes