SF2570 (Legislative Session 94 (2025-2026))
Community energy transition grant program appropriation
Related bill: HF2072
AI Generated Summary
Purpose of the Bill
The purpose of this bill is to allocate funds for the Community Energy Transition Grant Program in Minnesota. The aim is to support communities experiencing significant transitions in their local economies due to changes in energy production.
Main Provisions
- The bill proposes a one-time appropriation of $10,000,000 for fiscal year 2026.
- The funds will be sourced from Minnesota's general fund.
- These funds are designated for use by the Commissioner of Employment and Economic Development.
- The appropriation is available until June 30, 2028, allowing communities several years to utilize the grants.
Significant Changes
This bill provides financial support specifically for community energy transitions, which may help communities adapt economically when local energy production changes, such as shifts from fossil fuels to renewable energy sources.
Relevant Terms
community energy transition, grant program, appropriation, economic development, energy transition grants, fiscal year 2026, general fund.
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 | Jobs and Economic Development |
Citations
[ { "analysis": { "added": [ "Specifies a one-time appropriation from the general fund for the fiscal year 2026." ], "removed": [], "summary": "The bill appropriates funds for the community energy transition grant program under section 116J.55.", "modified": [] }, "citation": "116J.55" } ]