Current through 2023 Legislative Sessions
Section 57-60-14 - [Effective Until 7/1/2026] Allocation of revenue - Continuing appropriation1. At least quarterly, the state treasurer shall allocate: a. The lignite research tax collections under section 57-60-02.2 to the lignite research fund for the purposes under section 57-61-01.5.b. The remaining coal conversion tax collections under section 57-60-02 to the county.2. Notwithstanding any other provision of law, the allocation under this section to each county may not be less in each calendar year than the amount certified to the state treasurer for each county under this section in the immediately preceding calendar year. For a county that has received less in a calendar year than the amount certified to the state treasurer for that county in the immediately preceding calendar year, not later than January tenth of the following year, the county auditor shall calculate the amount that is due under this subsection and submit a statement of the amount to the state treasurer. The state treasurer shall verify the stated amount and make the required payment under this subsection to the county, from collections received under section 57-60-02, not later than March first of the following year. The funds needed to make the distribution to counties under this subsection are appropriated on a continuing basis for making these payments. Money received by a county under this subsection must be distributed pursuant to section 57-60-15.3. Notwithstanding any other provision of law, for a county in which is located a coal conversion facility that was not a coal conversion facility under this chapter before January 1, 2002, for years after 2002, subsection 2 applies to allocations to that county under this section, except that for a county described in this subsection, amounts received for any calendar year must be allocated by the county in the same manner property taxes for the facility were allocated for taxable year 2001.Amended by S.L. 2021 , ch. 484( HB 1412 ), § 3, eff. 7/1/2021 (for taxable production beginning after 6/30/2021).Amended by S.L. 2019 , ch. 54( SB 2036 ), § 12, eff. 8/1/2019.Amended by S.L. 2017 , ch. 404( SB 2031 ), § 1, eff. 8/1/2017.This section is set out more than once due to postponed, multiple, or conflicting amendments.