Minnesota HF5092: Minerals taxes; production tax distribution modified.

What the bill says

A bill for an act relating to taxes; minerals taxes; modifying the production tax distribution; amending Minnesota Statutes 2024, section 298.28, subdivision 4.

From the introduced text, April 28, 2026:

A bill for an act relating to taxes; minerals taxes; modifying the production tax distribution; amending Minnesota Statutes 2024, section 298.28, subdivision 4. Section 1. Minnesota Statutes 2024, section 298.28, subdivision 4, is amended to read: Subd. 4. School districts. (a) 32.15 cents per taxable ton, plus the increase provided in paragraph (d), less the amount that would have been computed under Minnesota Statutes 2008, section 126C.21, subdivision 4, for the current year for that district, must be allocated to qualifying school districts to be distributed, based upon the certification of the commissioner of revenue, under paragraphs (b), (c), and (f). (b)(i) 3.43 cents per taxable ton must be distributed to the school districts in which the lands from which taconite was mined or quarried were located or within which the concentrate was produced. The distribution must be based on the apportionment formula prescribed in subdivision 2. (ii) Four cents per taxable ton from each taconite facility must be distributed to each affected school district for deposit in a fund dedicated to building maintenance and repairs, as follows: (1) proceeds from Keewatin Taconite or its successor are distributed to Independent School Districts Nos. 316, Coleraine, and 319, Nashwauk-Keewatin, or their successor districts; (2) proceeds from the Hibbing Taconite Company or its successor are distributed to Independent School Districts Nos. 695, …

Read the full official text

Sponsors

• Spencer Igo (R) · primary sponsor
• Cal Warwas (R)
• Roger Skraba (R)
• Davids, Greg (R, 26B)
• Natalie Zeleznikar (R)

Latest actions

1. May 17, 2026: Author added Zeleznikar
2. May 4, 2026: Author added Davids
3. April 28, 2026: Introduction and first reading, referred to Taxes

Common questions

What is HF5092?

HF5092 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Minerals taxes; production tax distribution modified.

What does HF5092 do?

In its own words: A bill for an act relating to taxes; minerals taxes; modifying the production tax distribution; amending Minnesota Statutes 2024, section 298.28, subdivision 4.

What is the status of HF5092?

In committee as of May 17, 2026. Latest action: Author added Zeleznikar (May 17, 2026).

Who sponsored HF5092?

Spencer Igo (R), with 4 co-sponsors.

Where is the official record for HF5092?

On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=HF5092&y=2025&ssn=0&b=house