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MN SF369

Bill

Status

Introduced

1/17/2023

Primary Sponsor

John Hoffman

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Exempts personal property consisting of energy storage systems from property taxation, beginning with assessment year 2023.

  • Defines "energy storage system" by reference to Minnesota Statutes section 216B.2422, subdivision 1, paragraph (f).

  • Requires land on which energy storage systems are located to remain taxable and be classified as class 3a property.

  • Allows taxpayers to apply to their county for refunds of taxes paid on exempt energy storage systems for property taxes payable in 2022 and 2023, with refunds expiring June 30, 2024.

  • Requires exemption applications for assessment year 2023 to be filed with the county assessor by August 1, 2023.

Legislative Description

Energy storage systems property tax exemption establishment

Last Action

Referred to Taxes

1/17/2023

Committee Referrals

Taxes1/17/2023

Full Bill Text

No bill text available