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MN HF109

Bill

Status

Introduced

6/15/2020

Primary Sponsor

Mike Sundin

Click for details

Origin

House of Representatives

91st Legislature 2020 1st Special Session

AI Summary

  • Allocates positive unrestricted general fund surplus balances to cash flow account ($350 million), budget reserve account ($1.596 billion), school district aid payments (up to 90 percent), net aid resolutions, clean water fund ($22 million beginning fiscal year 2025), and renewable development account ($10 million).

  • Beginning September 1, 2021, restricts advanced biofuel, renewable chemical, and biomass thermal production incentive programs to only accept claims from facilities that previously submitted claims before July 31, 2021.

  • Extends production payment deadlines to June 30, 2035, for advanced biofuel, renewable chemical, and biomass thermal producers; maintains biomass sourcing requirements of 80 percent from Minnesota or within 100-mile radius of facility.

  • Allows eligible biofuel, renewable chemical, and biomass thermal producers to file supplemental claims for pro rata payment differences from claims submitted after July 1, 2019, until receiving full original claim amounts.

  • Appropriates $5 million in fiscal year 2020 and $5 million in fiscal year 2021 from the renewable development account to the Commissioner of Agriculture for bioincentive program payments, available until June 30, 2022.

Legislative Description

Future unrestricted general fund surplus dollars allocated; advanced biofuel, renewable chemical, and biomass thermal incentive program modified; and money appropriated.

Last Action

Introduction and first reading, referred to Agriculture and Food Finance and Policy Division

6/15/2020

Committee Referrals

Agriculture and Food Finance & Policy6/15/2020

Full Bill Text

No bill text available