The bill amends Minnesota Statutes 2024, section 216B.47, to authorize the state or a county to acquire the property of a public utility or cooperative electric association through eminent domain. The new legal language specifies that the state or county can proceed with eminent domain actions, while also outlining the criteria for determining damages, which must include the original cost of the property minus depreciation, loss of revenue, and other relevant factors. Additionally, it clarifies that during the eminent domain proceedings, the state or county cannot acquire the right to furnish electric service but may petition the commission for service rights.
Furthermore, the bill includes an effective date provision, stating that the changes will take effect the day after final enactment. This legislation aims to streamline the process for acquiring utility properties while ensuring that appropriate compensation is provided to the affected utilities.
Statutes affected: Introduction: 216B.47