Bill Text: MN SF161 | 2013-2014 | 88th Legislature | Introduced
Bill Title: Property tax exemption for electric generation facility personal property
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2013-01-31 - Author added Pratt [SF161 Detail]
Download: Minnesota-2013-SF161-Introduced.html
1.2relating to taxation; property; providing that certain personal property of electric
1.3generation facilities is exempt;amending Minnesota Statutes 2012, section
1.4272.02, by adding a subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 272.02, is amended by adding a
1.7subdivision to read:
1.8 Subd. 98. Electric generation facility; personal property. (a) Notwithstanding
1.9subdivision 9, clause (a), and section 453.54, subdivision 20, attached machinery and
1.10other personal property which is part of an electric generation facility that exceeds five
1.11megawatts of installed capacity and meets the requirements of this subdivision is exempt.
1.12At the time of construction, the facility must be:
1.13 (1) designed to utilize natural gas as a primary fuel;
1.14 (2) owned and operated by a municipal power agency as defined in section 453.52,
1.15subdivision 8;
1.16 (3) designed to utilize reciprocating engines paired with generators to produce
1.17electrical power;
1.18 (4) located within the service territory of a municipal power agency's electrical
1.19municipal utility that serves load exclusively in a metropolitan county as defined in
1.20section 473.121, subdivision 4; and
1.21 (5) designed to consume all electric output within the municipality's service territory
1.22on which the electricity is generated.
1.23 (b) Construction of the facility must be commenced after June 1, 2013, and before
1.24June 1, 2017. Property eligible for this exemption does not include electric transmission
2.1lines and interconnections or gas pipelines and interconnections appurtenant to the
2.2property or the facility.
2.3EFFECTIVE DATE.This section is effective for assessment year 2013, taxes
2.4payable in 2014, and thereafter.
1.3generation facilities is exempt;amending Minnesota Statutes 2012, section
1.4272.02, by adding a subdivision.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6 Section 1. Minnesota Statutes 2012, section 272.02, is amended by adding a
1.7subdivision to read:
1.8 Subd. 98. Electric generation facility; personal property. (a) Notwithstanding
1.9subdivision 9, clause (a), and section 453.54, subdivision 20, attached machinery and
1.10other personal property which is part of an electric generation facility that exceeds five
1.11megawatts of installed capacity and meets the requirements of this subdivision is exempt.
1.12At the time of construction, the facility must be:
1.13 (1) designed to utilize natural gas as a primary fuel;
1.14 (2) owned and operated by a municipal power agency as defined in section 453.52,
1.15subdivision 8;
1.16 (3) designed to utilize reciprocating engines paired with generators to produce
1.17electrical power;
1.18 (4) located within the service territory of a municipal power agency's electrical
1.19municipal utility that serves load exclusively in a metropolitan county as defined in
1.20section 473.121, subdivision 4; and
1.21 (5) designed to consume all electric output within the municipality's service territory
1.22on which the electricity is generated.
1.23 (b) Construction of the facility must be commenced after June 1, 2013, and before
1.24June 1, 2017. Property eligible for this exemption does not include electric transmission
2.1lines and interconnections or gas pipelines and interconnections appurtenant to the
2.2property or the facility.
2.3EFFECTIVE DATE.This section is effective for assessment year 2013, taxes
2.4payable in 2014, and thereafter.
