Capital Icon Minnesota Legislature

Office of the Revisor of Statutes

SF 1263 Senate Long Description

1E Establishing the wind energy loan guarantee program to be administered by the commissioner of commerce for the purpose of encouraging finance, construction, and operation of state wind energy conversion systems; specifying program financing and interest rate; requiring financial institutions and wind energy conversion systems to be located in the state; limitations; establishing the wind energy loan guarantee account in the special revenue fund, requiring first source disbursement for payment on loan defaults; authorizing rulemaking
(rt)