HF 3628

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; exempting certain utility 
  1.3             attached machinery from the property tax; exempting 
  1.4             the purchase of construction materials used in 
  1.5             constructing certain hydroelectric generating 
  1.6             facilities from the sales tax; amending Minnesota 
  1.7             Statutes 2000, sections 272.02, by adding a 
  1.8             subdivision; 297A.71, by adding a subdivision. 
  1.9   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.10     Section 1.  Minnesota Statutes 2000, section 272.02, is 
  1.11  amended by adding a subdivision to read: 
  1.12     Subd. 50.  [ELECTRIC GENERATION FACILITY PERSONAL 
  1.13  PROPERTY.] Notwithstanding subdivision 9, clause (a), attached 
  1.14  machinery and other personal property which is part of a 3.2 
  1.15  megawatt run-of-the-river hydroelectric generation facility and 
  1.16  that meets the requirements of this subdivision is exempt.  At 
  1.17  the time of construction, the facility must: 
  1.18     (1) utilize two turbine generators at a dam site existing 
  1.19  on March 31, 1994; 
  1.20     (2) be located on publicly owned land and within 1,500 feet 
  1.21  of a 13.8 kilovolt distribution substation; and 
  1.22     (3) be eligible to receive a renewable energy production 
  1.23  incentive payment under section 216C.41. 
  1.24     Construction of the facility must be commenced after 
  1.25  January 1, 2002, and before January 1, 2004.  Property eligible 
  1.26  for this exemption does not include electric transmission lines 
  1.27  and interconnections or gas pipelines and interconnections 
  2.1   appurtenant to the property or the facility. 
  2.2      [EFFECTIVE DATE.] This section is effective for the 2002 
  2.3   assessment and thereafter. 
  2.4      Sec. 2.  Minnesota Statutes 2000, section 297A.71, is 
  2.5   amended by adding a subdivision to read: 
  2.6      Subd. 28.  [HYDROELECTRIC GENERATING FACILITY.] Materials 
  2.7   and supplies used or consumed in the construction of a 
  2.8   hydroelectric generating facility that meets the requirements of 
  2.9   this subdivision are exempt.  To qualify for the exemption under 
  2.10  this subdivision, a hydroelectric generating facility must: 
  2.11     (1) utilize two turbine generators at a dam site existing 
  2.12  on March 31, 1994; 
  2.13     (2) be located on publicly owned land and within 1,500 feet 
  2.14  of a 13.8 kilovolt distribution substation; and 
  2.15     (3) be eligible to receive a renewable energy production 
  2.16  incentive payment under section 216C.41. 
  2.17     [EFFECTIVE DATE.] This section is effective for sales made 
  2.18  after August 30, 2002, and on or before December 31, 2003.