MN SF1997

Imposes a petroleum inspection fee of $1 per 1,000 gallons on petroleum products received by licensed distributors or held for sale when not previously received by a licensed distributor.

Allocates 81 cents of each dollar of the fee to the commissioner of commerce for Division of Weights and Measures operations, petroleum supply monitoring, and low-income weatherization services grants.

Requires that at least 30 percent of the 81-cent allocation be used specifically for grants to provide renewable energy equipment installation in households eligible for Minnesota's weatherization assistance program.

Deposits the remaining 19 cents of each fee dollar into the state general fund.

Allows the commissioner of revenue to collect the inspection fee along with taxes owed under chapter 296A and to provide credits for fees paid in error or for exported materials.