SF2454 (Legislative Session 94 (2025-2026))
Geothermal planning grants appropriation
Related bill: HF2162
AI Generated Summary
Purpose of the Bill
The bill aims to support the development of geothermal energy in Minnesota by funding planning efforts. It provides financial assistance through grants to eligible individuals or organizations involved in geothermal energy projects.
Main Provisions
- Funding Allocation: The bill appropriates a portion of the renewable development account funds to be used for geothermal planning grants.
- Administration: The commissioner of commerce will be responsible for awarding these grants.
- Eligibility: The criteria for eligible applicants are determined under Minnesota Statutes section 216C.47.
- One-Time Grant: This allocation is specified as a one-time appropriation for the fiscal year 2026.
Significant Changes
This bill creates a new funding opportunity specifically focused on geothermal energy planning, which was not previously specified under the existing funding structure provided by Minnesota Statutes section 116C.779.
Relevant Terms
- Geothermal energy
- Renewable development account
- Geothermal planning grants
- Commissioner of commerce
- Fiscal year 2026
- Minnesota Statutes 116C.779
- Minnesota Statutes 216C.47
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 12, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 12, 2025 | Senate | Floor | Action | Referred to | Energy, Utilities, Environment, and Climate |
| March 26, 2025 | Senate | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"Funds allocated specifically for geothermal planning grants."
],
"removed": [],
"summary": "This bill appropriates money from the renewable development account under section 116C.779.",
"modified": []
},
"citation": "116C.779"
}
]