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Bill would raise local cap on mineral severance tax revenue for Lawrence County; committee defers action
Summary
Lawmakers heard testimony on House Bill 1081, which would raise the local cap on retained mineral severance tax from $1 million to $3 million for counties with gold mining operations and clarify that the allocation applies per operation. Committee deferred action.
House Appropriations heard testimony on House Bill 1081 on behalf of Representative Mary Fitzgerald of District 31, a bill that would revise how revenue from the precious minerals severance tax is distributed so counties hosting mining operations retain more local revenue.
Supporters told the committee the proposed change would raise the per-county cap on funds retained locally from $1,000,000 to $3,000,000 and clarify that the local retention applies per mining operation rather than to a single operation in a county. “We ask you to allow us to raise the cap, and we can use that interest for good things in each county that will have that cap,” Representative Mary Fitzgerald said in opening testimony.
Proponents described decades‑long local needs in…
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