MN SF2489

Amends Minnesota Statutes 2010, section 272.03, subdivision 1 to modify the definition of real property for tax purposes.

Adds a new exclusion (e) stating that fermentation tanks and beer wells used in biofuels production processes are not considered real property for taxation purposes.

The exclusion applies regardless of the tanks' or wells' size, weight, method of attachment, or installation in real property.

Aligns with existing exclusions for other equipment and machinery used in specific business activities, such as telephone communications systems.