HF1013 (Legislative Session 94 (2025-2026))

Minnesota Energy Alley funding provided, and money appropriated.

Related bill: SF761

AI Generated Summary

This bill proposes to allocate $5,000,000 in the fiscal year 2026 from the renewable development account towards a grant for the "Minnesota Energy Alley" initiative. This initiative, managed by Clean Energy Economy Minnesota, is designed to promote energy security and economic development in Minnesota. The funds will be used for various purposes including:

  1. Establishing and supporting the Minnesota Energy Alley initiative.
  2. Providing seed funding for businesses involved in the initiative.
  3. Developing a training and development program.
  4. Supporting the recruitment of entrepreneurs to Minnesota.
  5. Securing additional funding from federal programs and corporate partners to create a sustainable, long-term revenue model for the initiative.

This funding is specified as a one-time appropriation. The bill has been sent to the Committee on Energy Finance and Policy for further evaluation and discussion.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 16, 2025HouseFloorActionIntroduction and first reading, referred toEnergy Finance and Policy
February 19, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriation language for fiscal year 2026 supporting Minnesota Energy Alley."
      ],
      "removed": [],
      "summary": "Appropriates funds for the Minnesota Energy Alley initiative referencing section 116C.779 regarding the renewable development account.",
      "modified": []
    },
    "citation": "116C.779"
  }
]