(1) The council shall: (a) establish and implement: (i) processes for designating critical minerals zones; and (ii) criteria for evaluating proposed critical minerals zones; (b) consult with state land use authorities regarding: (i) identification of state lands suitable for critical minerals extraction or processing; (ii) designation of critical minerals zones; and (iii) opportunities for coordinated development of extraction or processing projects on state lands; (c) assess and address potential public health impacts of critical minerals zones; (d) report annually by October 1 to the Natural Resources, Agriculture, and Environment Interim Committee regarding: (i) infrastructure needs related to extraction and processing of critical minerals; (ii) the status of designated critical minerals zones; and (iii) recommendations for how the property tax differential revenue collected under this section should be divided and distributed between the state, counties, and municipalities; and (e) negotiate with the applicable county or municipality regarding the distribution of property tax differential revenue. (2) The council may enter agreements with state land use authorities to address the implementation of critical minerals zones and the administration of property tax differential revenue.
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