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HF 1293

as introduced - 93rd Legislature (2023 - 2024) Posted on 02/06/2023 11:00am

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to agriculture; appropriating money for biofuel infrastructure grants.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin APPROPRIATION; BIOFUEL INFRASTRUCTURE GRANTS.
new text end

new text begin (a) $3,000,000 in fiscal year 2024 is appropriated from the general fund to the
commissioner of agriculture for grants that enable retail petroleum dispensers, fuel storage
tanks, and other equipment to dispense biofuels to the public in accordance with the biofuel
replacement goals established under Minnesota Statutes, section 239.7911. A retail petroleum
dispenser selling petroleum for use in spark ignition engines for vehicle model years after
2000 is eligible if the retail petroleum dispenser has no more than ten retail petroleum
dispensing sites and each site is located in Minnesota. The grant money must be used to
replace or upgrade equipment that does not have the ability to be certified for E25. A grant
award must not exceed 65 percent of the cost of the appropriate technology. A grant award
must not exceed $200,000 per station. This is a onetime appropriation and is available until
June 30, 2025.
new text end

new text begin (b) The commissioner must cooperate with biofuel stakeholders in the implementation
of the grant program. The commissioner, in cooperation with any economic or community
development financial institution and any other entity with which it contracts, must submit
a report on the biofuels infrastructure financial assistance program by January 15, 2025, to
the chairs and ranking minority members of the legislative committees with jurisdiction
over agriculture policy and finance. The annual report must include but is not limited to a
summary of the following metrics:
new text end

new text begin (1) the number and types of projects financed;
new text end

new text begin (2) the amount of dollars leveraged or matched per project;
new text end

new text begin (3) the geographic distribution of financed projects;
new text end

new text begin (4) any market expansion associated with upgraded infrastructure;
new text end

new text begin (5) the demographics of the areas served;
new text end

new text begin (6) the costs of the program; and
new text end

new text begin (7) the number of grants to minority-owned or female-owned businesses.
new text end