1.1 	A bill for an act
1.2 	relating to taxation; providing a property tax exemption for personal property 
1.3 	of an electric generation facility;amending Minnesota Statutes 2008, section 
1.4 	272.02, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2008, section 272.02, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 90.Electric generation facility; personal property. Notwithstanding 
1.9 	subdivision 9, clause (a), attached machinery and other personal property that is part of 
1.10 	a simple-cycle electric generation facility of more than 40 megawatts and less than 125 
1.11 	megawatts of installed capacity and that meets the requirements of this subdivision is 
1.12 	exempt. At the time of construction, the facility must:
1.13 	(1) utilize natural gas as a primary fuel;
1.14 	(2) be located within two miles of parallel existing 36-inch natural gas pipelines and 
1.15 	an existing 115-kilovolt high-voltage electric transmission line;
1.16 	(3) be designed to provide peaking, emergency backup, or contingency services; and
1.17 	(4) satisfy a resource deficiency identified in an approved integrated resource plan 
1.18 	filed under section 216B.2422.
1.19 	Construction of the facility must be commenced after January 1, 2010, and 
1.20 	before January 1, 2014. Property eligible for this exemption does not include electric 
1.21 	transmission lines and interconnections or gas pipelines and interconnections appurtenant 
1.22 	to the property or the facility.

1.23 	EFFECTIVE DATE. This section is effective for assessments in 2011, taxes 
1.24 	payable in 2012, and thereafter.