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Beginning January 1, 2028, this bill allows mine owners and operators who extract both gold and at least one other designated critical mineral to pay their state mining severance taxes — a tax on the value of minerals extracted from the ground — by delivering physical gold to the state treasurer's office instead of paying in cash, with the gold's value calculated using an internationally recognized benchmark price on the day of payment. The mine owner must cover any transaction costs, and the gold must meet investment-grade purity standards; the state then deposits the gold into the General Fund Budget Reserve Account and distributes its equivalent dollar value the same way regular severance tax revenue is distributed. Qualifying mine owners and operators who choose to pay in gold may also claim a nonrefundable 5% tax credit on their severance tax liability, available for up to five years for mines already operating in 2028, or up to fifteen years for mines that begin operating after that date.