Property tax exemption provided for an electric generation facility in Minnesota.

Minnesota HF1773 amends state statutes to provide a property tax exemption for an electric generation facility. The facility must be designed to use natural gas as a primary fuel, owned and operated by a municipal power agency, located within 1,000 feet of an existing natural gas pipeline, and satisfy a resource deficiency identified in an integrated resource plan. It must also be located outside the metropolitan area and have received approval from local governing bodies.

Property tax exemption provided for an electric generation facility in Minnesota.

Minnesota HF1773 amends state statutes to provide a property tax exemption for an electric generation facility. The facility must be designed to use natural gas as a primary fuel, owned and operated by a municipal power agency, located within 1,000 feet of an existing natural gas pipeline, and satisfy a resource deficiency identified in an integrated resource plan. It must also be located outside the metropolitan area and have received approval from local governing bodies.