Loading chat...
MN HF20
Bill
Status
6/14/2021
Primary Sponsor
Julie Sandstede
Click for details
AI Summary
-
Appropriates $1,640,000 from the general fund in fiscal year 2022 to the Commissioner of Commerce for a grant to the Hibbing Public Utilities Commission to cover excessive natural gas costs during the February 2021 polar vortex.
-
Requires the Hibbing Public Utilities Commission to remit any federal or other relief aid directly received to the Commissioner of Commerce for deposit in the general fund.
-
Returns unused appropriated funds to the general fund if the $1,640,000 exceeds the actual costs incurred for natural gas purchases during the price spike.
-
Requires the Commissioner of Commerce to deposit in the general fund any federal aid that the Hibbing Public Utilities Commission is eligible to receive if the appropriation meets relevant federal spending requirements.
-
Directs the Hibbing Public Utilities Commission's proportional share of any settlement or legal judgment related to natural gas price gouging during the 2021 polar vortex to be deposited in the general fund.
Legislative Description
Hibbing Public Utilities Commission funding provided for excessive natural gas prices paid during the 2021 polar vortex, and money appropriated.
Last Action
Introduction and first reading, referred to Climate and Energy Finance and Policy
6/14/2021