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MN HF235
Bill
Status
2/13/2017
Primary Sponsor
Marion Rarick
Click for details
AI Summary
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Renames the "renewable development account" to the "energy fund account" and establishes new purposes focused on expanding solar, wind, biomass, geothermal, energy efficiency, alternative fuel vehicles, and energy storage projects benefiting ratepayers of nuclear-powered utilities.
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Terminates the "Made in Minnesota" solar energy production incentive programs for new applications after the effective date, though existing approved applications before enactment continue to receive payments through 2027.
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Requires public utilities owning Prairie Island and Monticello nuclear plants to transfer $500,000 and $350,000 annually per dry cask of spent fuel, respectively, with transfers capped when cumulative per-cask amounts reach $10,000,000.
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Transfers unspent funds from terminated solar incentive accounts to the energy fund account as of July 1, 2017, and appropriates $100,000 annually in fiscal years 2018-2019 to administer remaining "Made in Minnesota" solar incentive payments.
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Repeals multiple solar incentive statutes (sections 116C.779 subdivision 3, 174.187, 216C.411-416) and modifies state building solar requirements to remove "Made in Minnesota" preferences while maintaining up to 40-kilowatt capacity installations.
Legislative Description
Renewable development account renamed and repurposed, solar energy incentives terminated, and money appropriated.
Last Action
Referred to Finance
2/13/2017