1.1 	A bill for an act
1.2 	relating to taxation; property; modifying the definition of attachments and 
1.3 	appurtenances of cooperative utility distribution lines;amending Minnesota Statutes 
1.4 	2022, section 273.41.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2022, section 273.41, is amended to read:
1.7 	273.41 AMOUNT OF TAX; DISTRIBUTION.
1.8 	There is hereby imposed upon each such cooperative association on December 31 of 
1.9 	each year a tax of $10 for each 100 members, or fraction thereof, of such association. The 
1.10 	tax, when paid, shall be in lieu of all personal property taxes, state, county, or local, upon 
1.11 	distribution lines and the attachments and appurtenances thereto of such associations located 
1.12 	in rural areas. For purposes of this section, "attachments and appurtenances" include but 
1.13 	are not limited to all cooperative association-owned metering and streetlighting equipment 
1.14 	that is physically or electrically connected to the cooperative association's distribution 
1.15 	system. The tax shall be payable on or before March 1 of the next succeeding year, to the 
1.16 	commissioner of revenue. If the tax, or any portion thereof, is not paid within the time herein 
1.17 	specified for the payment thereof, there shall be added thereto a specific penalty equal to 
1.18 	ten percent of the amount so remaining unpaid. Such penalty shall be collected as part of 
1.19 	said tax, and the amount of said tax not timely paid, together with said penalty, shall bear 
1.20 	interest at the rate specified in section 270C.40 from the time such tax should have been 
1.21 	paid until paid. The commissioner shall deposit the amount so received in the general fund 
1.22 	of the state treasury.

1.23 	EFFECTIVE DATE. This section is effective the day following final enactment.