Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4723: Exemption establishment for an electric generation facility
Status: In committee, March 25, 2026
What the bill says
A bill for an act relating to taxation; property; establishing exemption for an electric generation facility; amending Minnesota Statutes 2024, section 272.02, by adding a subdivision.
From the introduced text, March 19, 2026:
A bill for an act relating to taxation; property; establishing exemption for an electric generation facility; amending Minnesota Statutes 2024, section 272.02, by adding a subdivision. Section 1. Minnesota Statutes 2024, section 272.02, is amended by adding a subdivision to read: new text begin [ADDED: Subd. 109.] new text end new text begin [ personal property.] new text end new text begin [ADDED: (a) Notwithstanding subdivision 9, paragraph (a), attached machinery and other personal property that is part of an electric generation facility with more than 40 megawatts and less than 50 megawatts of nominal installed capacity and that meets the requirements of this subdivision is exempt from taxation and payments in lieu of taxation. The facility must:] new text end new text begin [] new text end new text begin [] new text end new text begin [] new text end new text begin [] new text end new text begin [ and] new text end new text begin [ADDED: (6) have received, by resolution, the approval of the governing bodies of the city and county in which the facility is located for the exemption of personal property provided by this subdivision.] new text end new text begin [ADDED: (b) Construction of the facility must have been commenced after January 1, 2027, and before January 1, 2030. Property eligible …
Sponsors
- Gene Dornink (R) · primary sponsor
- Grant Hauschild (D)
Latest actions
- : Author added Hauschild
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF4723?
- SF4723 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Exemption establishment for an electric generation facility.
- What does SF4723 do?
- In its own words: A bill for an act relating to taxation; property; establishing exemption for an electric generation facility; amending Minnesota Statutes 2024, section 272.02, by adding a subdivision.
- What is the status of SF4723?
- In committee as of March 25, 2026. Latest action: Author added Hauschild (March 25, 2026).
- Who sponsored SF4723?
- Gene Dornink (R), with 1 co-sponsor.
- Where is the official record for SF4723?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4723&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.