MN SF1242

Modifies the definition of "attachments and appurtenances" in Minnesota Statutes section 273.41 to explicitly include cooperative association-owned metering and streetlighting equipment that is physically or electrically connected to the distribution system.

Maintains the existing tax of $10 per 100 members (or fraction thereof) on cooperative associations, payable December 31 annually, which remains in lieu of all personal property taxes on distribution lines and related equipment in rural areas.

Preserves existing penalty and interest provisions: 10 percent penalty on unpaid tax amounts and interest accrual at the rate specified in section 270C.40 from the due date until payment.

Tax payments due to the commissioner of revenue by March 1 of the following year, with collected amounts deposited to the state general fund.

Effective the day following final enactment.