SF 5165

Introduction - 94th Legislature (2025 - 2026)

Posted on 04/15/2026 11:57 a.m.

A bill for an act
relating to capital investment; appropriating money for certain energy efficiency
projects in the city of Brainerd; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin ENERGY EFFICIENCY PROJECTS; BRAINERD PUBLIC UTILITIES.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $7,500,000 is appropriated from the bond proceeds
fund to the commissioner of commerce for one or more grants to Brainerd Public Utilities
for energy efficiency projects in the city of Brainerd.
new text end

new text begin (b) For purposes of this section, an "energy efficiency project" is a capital improvement
that may include one or more of the following:
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new text begin (1) an upgrade to an existing turbine generator;
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new text begin (2) acquisition and installation of a new turbine generator to replace an existing turbine
generator; or
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new text begin (3) improvements to existing structures to accommodate new turbine generators.
new text end

new text begin Subd. 2. new text end

new text begin Bond sale. new text end

new text begin To provide the money appropriated in this section from the bond
proceeds fund, the commissioner of management and budget shall sell and issue bonds of
the state in an amount up to $7,500,000 in the manner, upon the terms, and with the effect
prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
Constitution, article XI, sections 4 to 7.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end