The purpose of this guide is to provide information necessary to determine the state's tax reporting and withholding responsibilities for various types of settlement payments awarded by the state. This is necessary to comply with Internal Revenue Service (IRS) guidelines.

This biennial report evaluates the effectiveness of the allocation and distribution of moneys from the Severance Tax Local Impact Fund to counties and municipalities impacted by mineral and mineral fuel development. The report also evaluates the direct distribution of federal mineral lease (FML) moneys from the Local Government Impact Fund.