SF214 Summary

• Renames the "renewable development account" to the "energy fund account" and transfers funds from nuclear utilities to this account beginning July 1, 2017, with annual transfers of $500,000 per dry cask at Prairie Island and $350,000 per dry cask at Monticello.

• Terminates the "Made in Minnesota" solar energy production incentive program effective after applications approved by May 1, 2017, and the solar thermal rebate program effective immediately upon enactment.

• Transfers unspent funds from the terminated solar incentive accounts to the energy fund account on July 1, 2017, with remaining "Made in Minnesota" solar incentive obligations funded from the energy fund account through October 31, 2028.

• Appropriates $100,000 each for fiscal years 2018 and 2019 to the commissioner of commerce to administer remaining "Made in Minnesota" solar energy production incentive payments.

• Repeals statutes establishing the "Made in Minnesota" solar incentive and rebate programs (sections 216C.411-416) and related provisions while maintaining obligations for previously approved applications.