MN HF4305

Amends Minnesota Statutes section 272.0295, subdivision 2, to create a tax exemption for solar energy generating systems with a capacity of one megawatt alternating current or less.

Solar energy generating systems that have received an executed interconnection agreement from a public utility anytime after August 6, 2015 (following Public Utility Commission docket E002/M-13-867) are exempt from the solar energy production tax.

Clarifies that the original construction date of an existing solar energy system does not change if the system is replaced, repaired, maintained, or altered.

Establishes that solar energy generating systems are not under common ownership solely because the same person or entity provided equity financing, but similar ownership structures may indicate common ownership.

Effective the day following final enactment.