HF 2847

as introduced - 86th Legislature (2009 - 2010) Posted on 02/10/2010 03:13pm

A bill for an act
relating to taxation; sales and use; extending a construction exemption for a
hydrogenerating facility; amending Minnesota Statutes 2008, section 297A.71,
subdivision 39.

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

Section 1.

Minnesota Statutes 2008, section 297A.71, subdivision 39, is amended to
read:

Subd. 39.

Hydroelectric generating facility.

Materials and supplies used or
consumed in the construction of a 10.3 megawatt run-of-the-river hydroelectric generating
facility that meets the requirements of this subdivision are exempt. To qualify for the
exemption under this subdivision, a hydroelectric generating facility must:

(1) utilize between 12 and 16 turbine generators at a dam site existing on March
31, 1994;

(2) be located on land within 3,000 feet of a 13.8 kilovolt distribution circuit; and

(3) be eligible to receive a renewable energy production incentive payment under
section 216C.41.

new text begin This exemption applies to materials and supplies purchased after April 30, 2006, and
on or before December 31, 2010.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively for sales and purchases
made after December 31, 2009.
new text end