HB 948 Modifies provisions relating to moneys received from mineral products.

     Handler: Thompson Rehder

Current Bill Summary

- Prepared by Senate Research -


HCS/HBs 948 & 915 - Under the act, eighty-five percent of the total revenue of mineral products extracted from national forest reserves shall be distributed to counties where mining occurs in proportion to the minerals extracted per year in each county where mining occurs. Fifteen percent of the total revenue of such mineral products shall be distributed equally between the counties where mining does not occur. The revenue allocated to each county shall be equally divided between the public schools and roads of such county. (Section 12.070)

This provision is identical to a provision in SCS/HCS/HB 631 (2023), SCS/HCS/HB 779 (2023), the truly agreed to and finally passed CCS/HCS/SB 109 (2023) and SCS/SB 481 (2023).

The act provides that no money received by the Iron County School Fund from the specified administrative order issued by the Department of Natural Resources shall be included as part of the school district's local effort calculation. The Department of Elementary and Secondary Education shall reimburse Iron County School District for the amount of any moneys that are or have been included in such school district's local effort. The Department of Natural Resources shall notify the Revisor of Statutes when such order is terminated as provided in the order. This provision shall expire on the last day of the fiscal year in which the Revisor receives such notification from the Department. (Section 163.024)

This provision is substantially similar to a provision in SCS/HCS/HB 631 (2023), SCS/HCS/HB 779 (2023) and a provision in the truly agreed to and finally passed CCS/HCS/SB 109 (2023).

JULIA SHEVELEVA


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