MN SF4329

Establishes preference hierarchy for state vehicle purchases prioritizing electric vehicles first, followed by hybrid electric vehicles, cleaner fuel vehicles, and gasoline/diesel vehicles, if total life-cycle costs are comparable or lower.

Creates $2,500 rebate program for eligible Minnesota residents and businesses purchasing or leasing new electric vehicles with manufacturer's suggested retail price not exceeding $42,000, with additional rebates available for low-income purchasers.

Establishes grant program in Department of Commerce providing up to $40,000 per dealer to offset training and certification costs for electric vehicle dealer franchises from manufacturers.

Appropriates $24,000,000 in fiscal year 2021 ($10,000,000 renewable development account and $10,000,000 general fund for rebates; $2,000,000 renewable development account and $2,000,000 general fund for dealer grants).

Electric vehicle rebate program expires June 30, 2025; limits rebates to one per household and one per business entity per year.