Minnesota legislation · 94th Legislature 2025-2026
Minnesota SF4918: Criteria modification for an eligible taxing jurisdiction to qualify for aid
Status: In committee, March 26, 2026
What the bill says
A bill for an act relating to taxation; electric generation transition aid; modifying the criteria for an eligible taxing jurisdiction to qualify for aid; modifying the calculation of aid; amending Minnesota Statutes 2024, section 477A.24, subdivisions 1, 3, 5; Minnesota Statutes 2025 Supplement, section 477A.24, subdivision 2.
From the introduced text, March 25, 2026:
A bill for an act relating to taxation; electric generation transition aid; modifying the criteria for an eligible taxing jurisdiction to qualify for aid; modifying the calculation of aid; amending Minnesota Statutes 2024, section 477A.24, subdivisions 1, 3, 5; Minnesota Statutes 2025 Supplement, section 477A.24, subdivision 2. Section 1. Minnesota Statutes 2024, section 477A.24, subdivision 1, is amended to read: Subdivision 1. Definitions. (a) For purposes of this section, the following terms have the meanings given. (b) "Electric generating unit" means a single generating unit at an electric generating plant powered by coal, nuclear, or natural gas. (c) "Electric generation property" means taxable property of an electric generating plant owned by a public utility, as defined in section 216B.02, subdivision 4, that is powered by coal, nuclear, or natural gas and located in an eligible taxing jurisdiction. (d) "Eligible taxing jurisdiction" means a county, home rule charter or statutory city, town, or school district. (e) "Unit base year" means the assessment year in which the assessed value of electric generation property is reduced due to the retirement new text begin [ADDED: or fuel source conversion ] new text end of the electric generating unit. (f) "Unit differential" means (1) the tax capacity of electric generation property in the assessment year preceding the unit base year, minus (2) the tax capacity …
Sponsors
- Karin Housley (R) · primary sponsor
- Andrew Mathews (R)
- Keri Heintzeman (R, SD-006)
Latest actions
- : Referred to Taxes
- : Introduction and first reading
Common questions
- What is SF4918?
- SF4918 is a bill in the Minnesota Legislature (94th Legislature 2025-2026): Criteria modification for an eligible taxing jurisdiction to qualify for aid.
- What does SF4918 do?
- In its own words: A bill for an act relating to taxation; electric generation transition aid; modifying the criteria for an eligible taxing jurisdiction to qualify for aid; modifying the calculation of aid; amending Minnesota Statutes 2024, section 477A.24, subdivisions 1, 3, 5; Minnesota Statutes 2025 Supplement, section 477A.24, subdivision 2.
- What is the status of SF4918?
- In committee as of March 26, 2026. Latest action: Referred to Taxes (March 26, 2026).
- Who sponsored SF4918?
- Karin Housley (R), with 2 co-sponsors.
- Where is the official record for SF4918?
- On the Minnesota Legislature website: https://www.revisor.mn.gov/bills/bill.php?f=SF4918&y=2025&ssn=0&b=senate
Source: official Minnesota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.