HF 1096

as introduced - 82nd Legislature (2001 - 2002) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; limiting a property tax 
  1.3             exemption for certain electric generation facility 
  1.4             property to facilities constructed by certain 
  1.5             laborers; amending Minnesota Statutes 2000, section 
  1.6             272.02, subdivision 44. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 2000, section 272.02, 
  1.9   subdivision 44, is amended to read: 
  1.10     Subd. 44.  [ELECTRIC GENERATION FACILITY PERSONAL 
  1.11  PROPERTY.] Notwithstanding subdivision 9, clause (a), attached 
  1.12  machinery and other personal property which is part of a 
  1.13  simple-cycle combustion-turbine electric generation facility 
  1.14  that exceeds 250 megawatts of installed capacity and that meets 
  1.15  the requirements of this subdivision is exempt.  At the time of 
  1.16  construction, the facility must:  
  1.17     (1) utilize natural gas as a primary fuel; 
  1.18     (2) be located within 20 miles of parallel existing 16-inch 
  1.19  and 12-inch (outside diameter) natural gas pipelines and a 
  1.20  345-kilovolt high-voltage electric transmission line; and 
  1.21     (3) be designed to provide peaking, emergency backup, or 
  1.22  contingency services, and have received a certificate of need 
  1.23  under section 216B.243 demonstrating demand for its capacity.  
  1.24     Construction of the facility must be commenced after 
  1.25  January 1, 2000, and before January 1, 2004.  The facility must 
  1.26  be constructed by a general contractor who verifies that at 
  2.1   least 75 percent of the hourly wages for construction workers at 
  2.2   the site are paid to workers who are residents of Minnesota and 
  2.3   according to the terms of a collective bargaining agreement with 
  2.4   labor organizations representing the workers.  Property eligible 
  2.5   for this exemption does not include electric transmission lines 
  2.6   and interconnections or gas pipelines and interconnections 
  2.7   appurtenant to the property or the facility. 
  2.8      [EFFECTIVE DATE.] This section is effective for taxes 
  2.9   levied in 2001, payable in 2002, and thereafter.