as introduced - 86th Legislature (2009 - 2010) Posted on 02/12/2010 09:53am
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:
Minnesota Statutes 2008, section 297A.71, subdivision 39, is amended to
read:
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.
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This exemption applies to materials and supplies purchased after April 30, 2006, and
on or before December 31, 2010.
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This section is effective retroactively for sales and purchases
made after December 31, 2009.
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