How To Reach Us Employee Directory Department Director's Office Board of Investments Economic Development MT Facility Finance Auth. The HRMI Board administers the Hard-Rock Mining Impact Act and the companion Property Tax Base Sharing Act and provides technical assistance with metal mines license tax distributions.
Board adjudicates disputes between affected entities.
Mineral developer and affected local governments prepare and implement impact plans intended to ensure that local government services and facilities are available when and where they are needed as a result of new mineral developments, without imposing additional costs on the existing local taxpayer. Developer pays new capital and net operating costs through prepaid property taxes with a subsequent tax credit, grants, or facility impact bonds. Under specified circumstances, affected entities may petition the Board to amend approved impact plans.