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SF 1867

1st Engrossment - 89th Legislature (2015 - 2016) Posted on 04/22/2016 09:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - 1st Engrossment

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1.11

A bill for an act
relating to energy; allowing rate-regulated cooperative associations to file for
Public Utilities Commission review adjustments for property taxes and other
costs; proposing coding for new law in Minnesota Statutes, chapter 216B.

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

Section 1.

new text begin [216B.1647] PROPERTY TAX ADJUSTMENT; COOPERATIVE
ASSOCIATION.
new text end

new text begin A cooperative electric association that has elected to be subject to rate regulation
under section 216B.026 is eligible to file with the commission for approval of an
adjustment for real and personal property taxes, fees, and permits.
new text end

new text begin EFFECTIVE DATE. new text end

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