For the purposes of this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1. 1. The code

   [PL 1987, c. 504, §3 (RP).]

2. 2. Commencement of mining

   [PL 2025, c. 469, §18 (RP); PL 2025, c. 469, §44 (AFF).]

3. 3. Exploratory activity

   [PL 2025, c. 469, §19 (RP); PL 2025, c. 469, §44 (AFF).]

4. 4. Facilities and equipment

   [PL 2025, c. 469, §20 (RP); PL 2025, c. 469, §44 (AFF).]

5. 5. Gross proceeds "Gross proceeds" means a mining company's federal gross income from mining, as defined in Section 613 of the Code, in the State.

   [PL 2025, c. 469, §21 (AMD); PL 2025, c. 469, §44 (AFF).]

6. 6. Land

   [PL 2025, c. 469, §22 (RP); PL 2025, c. 469, §44 (AFF).]

7. 7. Mine site

   [PL 2025, c. 469, §23 (RP); PL 2025, c. 469, §44 (AFF).]

8. 8. Mineral products

   [PL 2025, c. 469, §24 (RP); PL 2025, c. 469, §44 (AFF).]

9. 9. Minerals "Minerals" means all naturally occurring metallic minerals as defined in Title 38, section 490‑MM, subsection 8.

   [PL 2025, c. 469, §25 (AMD); PL 2025, c. 469, §44 (AFF).]

10. 10. Mining "Mining" has the same meaning as in Title 38, section 490‑MM, subsection 11, except that activity described in Title 38, section 490‑MM, subsection 11, paragraph D is mining regardless of any exclusion by the Department of Environmental Protection pursuant to Title 38, section 490‑NN, subsection 4.

    1. A.

       [PL 2025, c. 469, §26 (RP); PL 2025, c. 469, §44 (AFF).]

    2. B.

       [PL 2025, c. 469, §26 (RP); PL 2025, c. 469, §44 (AFF).]

    [PL 2025, c. 469, §26 (RPR); PL 2025, c. 469, §44 (AFF).]

11. 11. Mining company "Mining company" means a person who engages in mining in the State.

    [PL 1981, c. 711, §10 (NEW).]

12. 12. Mining property

    [PL 2025, c. 469, §27 (RP); PL 2025, c. 469, §44 (AFF).]

13. 13. Municipality

    [PL 2025, c. 469, §28 (RP); PL 2025, c. 469, §44 (AFF).]

14. 14. Net proceeds

    [PL 2025, c. 469, §29 (RP); PL 2025, c. 469, §44 (AFF).]

15. 15. Tax year "Tax year" means an accounting period that is the same as the taxpayer's taxable year for federal income tax purposes.

    [PL 2025, c. 469, §30 (RPR); PL 2025, c. 469, §44 (AFF).]

16. 16. Termination of mining

    [PL 2025, c. 469, §31 (RP); PL 2025, c. 469, §44 (AFF).]

17. 17. Value of facilities and equipment

    [PL 2025, c. 469, §32 (RP); PL 2025, c. 469, §44 (AFF).]

PL 1981, c. 711, §10 (NEW). PL 1983, c. 776, §§4,5 (AMD). PL 1985, c. 535, §5 (AMD). PL 1987, c. 504, §3 (AMD). PL 1993, c. 395, §18 (AMD). PL 2025, c. 469, §§18-32 (AMD). PL 2025, c. 469, §44 (AFF).