1.1 	A bill for an act
1.2 	relating to taxation; providing a property tax exemption for personal property at a 
1.3 	certain electric generation facility;amending Minnesota Statutes 2006, section 
1.4 	272.02, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2006, section 272.02, is amended by adding a 
1.7 	subdivision to read:
1.8 		Subd. 85.Electric generation facility; personal property. (a) Notwithstanding 
1.9 	subdivision 9, paragraph (a), attached machinery and other personal property which is 
1.10 	part of a simple-cycle combustion-turbine electric generation facility that exceeds 150 
1.11 	megawatts of installed capacity and that meets the requirements of this subdivision is 
1.12 	exempt. At the time of construction, the facility must:
1.13 	(1) utilize natural gas as a primary fuel;
1.14 	(2) be owned by an electric generation and transmission cooperative;
1.15 	(3) be located within one mile of an existing 16-inch natural gas pipeline and a 
1.16 	69-kilovolt and a 230-kilovolt high-voltage electric transmission line;
1.17 	(4) be designed to provide peaking, emergency backup, or contingency services;
1.18 	(5) have received a certificate of need under section 216B.243 demonstrating 
1.19 	demand for its capacity; and
1.20 	(6) have received by resolution the approval from the governing bodies of the county 
1.21 	and the city in which the proposed facility is to be located for the exemption of personal 
1.22 	property under this subdivision.
1.23 	(b) Construction of the facility must be commenced after January 1, 2008, and 
1.24 	before January 1, 2012. Property eligible for this exemption does not include electric 
2.1 	transmission lines and interconnections or gas pipelines and interconnections appurtenant 
2.2 	to the property or the facility.

2.3 	EFFECTIVE DATE. This section is effective for the 2008 assessment payable in 
2.4 	2009 and thereafter.