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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: SF1263

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)