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Bill > HF1961


MN HF1961

MN HF1961
Financial assistance requirements modified for nonferrous permit to mine.


summary

Introduced
02/20/2023
In Committee
02/20/2023
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to natural resources; modifying financial assurance requirements for nonferrous permit to mine; amending Minnesota Statutes 2022, sections 93.481, subdivision 1; 93.49.

AI Summary

This bill modifies the financial assurance requirements for obtaining a permit to mine nonferrous metals in Minnesota. Specifically, it requires the operator of a nonferrous mining operation to submit a cash bond or deposit to cover the costs of reclamation activities, including closure and post-closure maintenance, as well as corrective actions if the permit's design and operating criteria are not met. The bill also requires the commissioner to annually review the amount of the financial assurance to ensure it is sufficient to cover these costs.

Committee Categories

Agriculture and Natural Resources

Sponsors (11)

Last Action

Author added Hemmingsen-Jaeger (on 05/19/2023)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Mining and Extractive Industry Regulation
Environment
  • ‐ Toxic Chemicals and Hazardous Substances

bill text


bill summary

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