1.2relating to education finance; prohibiting payment of minerals management costs
1.3from permanent school trust fund land proceeds; appropriating money;amending
1.4Minnesota Statutes 2010, sections 93.22, subdivision 1; 93.2236.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2010, section 93.22, subdivision 1, is amended to read:
1.7 Subdivision 1.
Generally. (a) All payments under sections
93.14 to
93.285 shall
1.8be made to the Department of Natural Resources and shall be credited according to this
1.9section.
1.10 (b) Twenty percent of all payments
, except for those payments received for school
1.11trust lands, under sections
93.14 to
93.285 shall be credited to the minerals management
1.12account in the natural resources fund as costs for the administration and management of
1.13state mineral resources by the commissioner of natural resources.
1.14 (c) The remainder of the payments shall be credited as follows:
1.15 (1) if the lands or minerals and mineral rights covered by a lease are held by the state
1.16by virtue of an act of Congress, payments made under the lease shall be credited to the
1.17permanent fund of the class of land to which the leased premises belong;
1.18 (2) if a lease covers the bed of navigable waters, payments made under the lease
1.19shall be credited to the permanent school fund of the state;
1.20 (3) if the lands or minerals and mineral rights covered by a lease are held by the state
1.21in trust for the taxing districts, payments made under the lease shall be distributed annually
1.22on the first day of September to the respective counties in which the lands lie, to be
1.23apportioned among the taxing districts interested therein as follows: county, three-ninths;
1.24town or city, two-ninths; and school district, four-ninths;
2.1 (4) if the lands or mineral rights covered by a lease became the absolute property of
2.2the state under the provisions of chapter 84A, payments made under the lease shall be
2.3distributed as follows: county containing the land from which the income was derived,
2.4five-eighths; and general fund of the state, three-eighths; and
2.5 (5) except as provided under this section and except where the disposition of
2.6payments may be otherwise directed by law, payments made under a lease shall be paid
2.7into the general fund of the state.
2.8EFFECTIVE DATE.This section is effective July 1, 2012.
2.9 Sec. 2. Minnesota Statutes 2010, section 93.2236, is amended to read:
2.1093.2236 MINERALS MANAGEMENT ACCOUNT.
2.11(a) The minerals management account is created as an account in the natural
2.12resources fund. Interest earned on money in the account accrues to the account. Money in
2.13the account may be spent or distributed only as provided in paragraphs (b) and (c).
2.14(b) If the balance in the minerals management account exceeds $3,000,000 on June
2.1530, the amount exceeding $3,000,000 must be distributed to the
permanent school fund
2.16and the permanent university fund.
The amount distributed to each fund must be in the
2.17same proportion as the total mineral lease revenue received in the previous biennium
2.18from school trust lands and university lands.
2.19(c) Subject to appropriation by the legislature, money in the minerals management
2.20account may be spent by the commissioner of natural resources for mineral resource
2.21management and projects to enhance future mineral income and promote new mineral
2.22resource opportunities.
2.23EFFECTIVE DATE.This section is effective July 1, 2012.
2.24 Sec. 3.
APPROPRIATIONS.
2.25$....... is appropriated in fiscal year 2013 from the general fund to the commissioner
2.26of natural resources for the minerals management activities for school trust lands.