MN HF4308

Terminates annual payments of $350,000 per dry cask from the Monticello nuclear generating plant to the state's renewable development account, while maintaining payments from the Prairie Island nuclear plant at $500,000 per dry cask

Exempts public utilities with 200,000+ retail customers from the distributed solar energy standard if selected bids exceed 50% of the weighted average cost of existing solar projects and more than 3% of retail sales already come from small-scale solar systems

Extends the sales tax exemption on residential natural gas and electricity from the current six-month winter period (November-April) to all 12 months for customers using these fuels as their primary heat source

Exempts all electric and natural gas utility real and personal property from the state commercial-industrial property tax levy, effective for taxes payable in 2027

Reduces the state general levy on commercial-industrial property from $716,990,000 to $626,990,000 beginning with taxes payable in 2027