Minnesota § 298.293 EXPENDING FUNDS

Minnesota Statutes

§ 298.293 — EXPENDING FUNDS

Minnesota § 298.293

PartEXCISE AND SALES TAXES

Ch. 298MINERALS TAXES

This text of Minnesota § 298.293 (EXPENDING FUNDS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 298.293 (2026).

Text

The funds provided by section298.28, subdivision 11, relating to the Douglas J. Johnson economic protection trust fund, except money expended pursuant to Laws 1982, Second Special Session, chapter 2, sections 8 to 14, shall be expended only in an amount that does not exceed the sum of the net interest, dividends, and earnings arising from the investment of the trust for the preceding 12 calendar months from the date of the authorization plus, for fiscal year 1983, $10,000,000 from the corpus of the fund. The funds may be spent only in or for the benefit of the taconite assistance area as defined in section273.1341. If during any year the taconite property tax account under sections273.134to273.136does not contain sufficient funds to pay the property tax relief specified in Laws 1977, chapt

Free access — add to your briefcase to read the full text and ask questions with AI

The funds provided by section298.28, subdivision 11, relating to the Douglas J. Johnson economic protection trust fund, except money expended pursuant to Laws 1982, Second Special Session, chapter 2, sections 8 to 14, shall be expended only in an amount that does not exceed the sum of the net interest, dividends, and earnings arising from the investment of the trust for the preceding 12 calendar months from the date of the authorization plus, for fiscal year 1983, $10,000,000 from the corpus of the fund. The funds may be spent only in or for the benefit of the taconite assistance area as defined in section273.1341. If during any year the taconite property tax account under sections273.134to273.136does not contain sufficient funds to pay the property tax relief specified in Laws 1977, chapter 423, article X, section 4, there is appropriated from this trust fund to the relief account sufficient funds to pay the relief specified in Laws 1977, chapter 423, article X, section 4.