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HF2162 (Legislative Session 94 (2025-2026))

Geothermal planning grants funding provided and money appropriated.

Related bill: SF2454

AI Generated Summary

Purpose of the Bill

This bill aims to support the development of geothermal energy projects in Minnesota by providing financial assistance for planning through grants.

Main Provisions

  • The bill allocates funds specifically for geothermal planning grants.
  • These grants are to be awarded by the Minnesota commissioner of commerce.
  • This funding is a one-time appropriation, designated for the fiscal year 2026.
  • The source of this funding is the renewable development account.

Significant Changes to Existing Law

  • This bill represents an exception to the usual statute by making a specific appropriation for geothermal energy planning from the renewable development account, which typically funds a broader range of renewable energy projects.

Relevant Terms

geothermal energy, planning grants, renewable development account, appropriations, fiscal year 2026, Minnesota commissioner of commerce.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 11, 2025HouseFloorActionIntroduction and first reading, referred toEnergy Finance and Policy
March 16, 2025HouseFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Appropriation for geothermal planning grants to eligible applicants."
      ],
      "removed": [],
      "summary": "The bill refers to appropriations from the renewable development account under section 116C.779.",
      "modified": [
        "Appropriated funds from fiscal year 2026 directed for geothermal planning grants."
      ]
    },
    "citation": "116C.779"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "References the section that manages eligibility for geothermal planning grants under section 216C.47.",
      "modified": []
    },
    "citation": "216C.47"
  }
]

Sponsors