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MN HF3595
Bill
Status
3/24/2016
Primary Sponsor
Jeff Howe
Click for details
AI Summary
HF3595 Summary
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Department of Commerce, in collaboration with a nonprofit entity, shall administer a rebate program for natural gas vehicles and fueling stations with written policies and procedures implemented by October 1, 2016.
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Eligible applicants include Minnesota residents, governmental units, and business entities that purchase natural gas vehicles, convert conventional vehicles to natural gas, or install fueling stations located in Minnesota.
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Rebate amounts cap at 50 percent of incremental costs: light-duty vehicles ($5,000 max), medium-duty vehicles ($8,000 max), heavy-duty vehicles ($20,000 max), high-horsepower machines ($50,000 max), and new fueling stations ($400,000 max).
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Maximum annual rebates per business entity or governmental unit are $100,000 for light-duty vehicles, $300,000 for medium-duty, $500,000 for heavy-duty and high-horsepower machines combined, with a $500,000 cap across all vehicle types.
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Appropriates $5,500,000 from the general fund in fiscal year 2017, with $3,500,000 allocated for vehicle rebates and $2,000,000 for fueling station rebates.
Legislative Description
Natural gas vehicle and fueling station rebates provided, Commerce Department rebate program established, and money appropriated.
Last Action
Introduction and first reading, referred to Commerce and Regulatory Reform
3/24/2016