HF 1171

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/22/2023 10:46am

A bill for an act
relating to taxation; property; modifying the definition of attachments and
appurtenances of cooperative utility distribution lines; amending Minnesota Statutes
2022, section 273.41.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2022, section 273.41, is amended to read:

273.41 AMOUNT OF TAX; DISTRIBUTION.

There is hereby imposed upon each such cooperative association on December 31 of
each year a tax of $10 for each 100 members, or fraction thereof, of such association. The
tax, when paid, shall be in lieu of all personal property taxes, state, county, or local, upon
distribution lines and the attachments and appurtenances thereto of such associations located
in rural areas. new text begin For purposes of this section, "attachments and appurtenances" include but
are not limited to all cooperative association-owned metering and streetlighting equipment
that is physically or electrically connected to the cooperative association's distribution
system. new text end The tax shall be payable on or before March 1 of the next succeeding year, to the
commissioner of revenue. If the tax, or any portion thereof, is not paid within the time herein
specified for the payment thereof, there shall be added thereto a specific penalty equal to
ten percent of the amount so remaining unpaid. Such penalty shall be collected as part of
said tax, and the amount of said tax not timely paid, together with said penalty, shall bear
interest at the rate specified in section 270C.40 from the time such tax should have been
paid until paid. The commissioner shall deposit the amount so received in the general fund
of the state treasury.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end