HF4189

Purpose

• The bill moves money within Minnesota’s energy-related accounts. Specifically, it authorizes a one-time transfer of $4,000,000 in fiscal year 2027 from the Renewable Development Account to the Preweatherization Account. The transfer is described as not following the usual rules, using a “notwithstanding” provision.

Main Provisions

• Notwithstanding Minnesota Statutes section 116C.779 subdivision 1 paragraph j, $4,000,000 in fiscal year 2027 is transferred from the Renewable Development Account (under Minnesota Statutes section 116C.779 subdivision 1) to the Preweatherization Account (under Minnesota Statutes section 216C.264 subdivision 1c).
• This is a one-time transfer.
• The transfer is made in Section 1 of the act.

Significant Changes to Existing Law

• Temporarily overrides a current statute to allow movement of funds between two energy-related accounts (from the Renewable Development Account to the Preweatherization Account).
• Changes funding allocation for one fiscal year (FY2027) rather than creating a permanent, ongoing change to funding levels.

Timing and Scope

• Effective for fiscal year 2027.
• Involves two specific accounts: Renewable Development Account and Preweatherization Account.

Relevant Terms

• Renewable Development Account
• Preweatherization Account
• Notwithstanding
• Minnesota Statutes section 116C.779 subdivision 1 paragraph j
• Minnesota Statutes section 216C.264 subdivision 1c
• Fiscal year 2027
• One-time transfer
• Section 1