HF 2762

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/09/2023 12:50pm

A bill for an act
relating to energy; appropriating money to support investment in green fertilizer
production using renewable energy.

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

Section 1. new text begin SUPPORTING INVESTMENT IN GREEN FERTILIZER PRODUCTION;
APPROPRIATION.
new text end

new text begin (a) $70,000,000 in fiscal year 2024 is appropriated from the general fund to the
commissioner of commerce for grants to cooperatives to invest in green fertilizer production
facilities. This is a onetime appropriation and is available until June 30, 2028.
new text end

new text begin (b) A grant under this section must include a long-term agreement to purchase nitrogen
fertilizer for cooperative members at a specified price. Renewable energy, hydrogen, and
ammonia may be produced elsewhere, but the final production of nitrogen fertilizer must
occur within Minnesota.
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new text begin (c) For purposes of this section:
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new text begin (1) a cooperative includes an agricultural or rural electric cooperative organized under
Minnesota Statutes, chapter 308A or 308B;
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new text begin (2) green fertilizer production facilities are facilities that use renewable energy to produce
anhydrous ammonia, urea, or hydrogen; and
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new text begin (3) eligible renewable energy technologies have the meaning given in Minnesota Statutes,
section 216B.1691, subdivision 1.
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