1.1 	A bill for an act
1.2 	relating to taxation; prescribing the effective date of certain rules relating to the 
1.3 	valuation of electric and transmission pipeline utilities; proposing coding for new 
1.4 	law in Minnesota Statutes, chapter 273.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [273.323] EFFECTIVE DATE FOR RULES FOR VALUATION OF 
1.7 	ELECTRIC AND TRANSMISSION PIPELINE UTILITY PROPERTY.
1.8 	Rules adopted by the commissioner of revenue that prescribe the method of valuing 
1.9 	property of electric and transmission pipeline utilities may not take effect before the end 
1.10 	of the regular legislative session in the calendar year following adoption of the rules.

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