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HF 2837

as introduced - 88th Legislature (2013 - 2014) Posted on 03/06/2014 01:58pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
relating to energy; amending a partial funding source for solar energy incentives;
appropriating money; amending Minnesota Statutes 2013 Supplement, section
216C.412, subdivision 2, by adding a subdivision.

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

Section 1.

Minnesota Statutes 2013 Supplement, section 216C.412, subdivision 2,
is amended to read:


Subd. 2.

Payments from public utilities.

deleted text begin (a)deleted text end Beginning January 1, 2014, and
each January 1 thereafter, through 2023, for a total of ten years, each electric public
utility subject to section 216B.241 must annually pay to the commissioner of commerce
five percent of the minimum amount it is required to spend on energy conservation
improvements under section 216B.241, subdivision 1a. Payments under this subdivision
must be included in the calculation of whether a utility's other spending on generation
exceeds the limits authorized for spending on generation under section 216B.2411,
subdivision 1, for investments proposed for commissioner of commerce approval after
July 1, 2013. The limits on spending in section 216B.2411 do not limit or apply to
payments required by this subdivision. Payments made under this paragraph count toward
satisfying expenditure obligations of a public utility under section 216B.241, subdivision
1a. The commissioner shall, upon receipt of the funds, deposit them in the account
established in subdivision 1. A public utility subject to this paragraph must be credited
energy savings for the purpose of satisfying its energy savings requirement under section
216B.241, subdivision 1c, based on its payment to the commissioner.

deleted text begin (b) Notwithstanding section 116C.779, subdivision 1, paragraph (g), beginning
January 1, 2014, and continuing through January 1, 2023, for a total of ten years, the
public utility that manages the account under section 116C.779 must annually pay from
that account to the commissioner an amount that, when added to the total amount paid to
the commissioner of commerce under paragraph (a), totals $15,000,000 annually. The
commissioner shall, upon receipt of the payment, deposit it in the account established in
subdivision 1.
deleted 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

Sec. 2.

Minnesota Statutes 2013 Supplement, section 216C.412, is amended by adding
a subdivision to read:


new text begin Subd. 3. new text end

new text begin Appropriation. new text end

new text begin Beginning in fiscal year 2015, and continuing each fiscal
year thereafter for a total of nine years, an amount is appropriated from the general fund
to the commissioner that, when added to the amount paid to the commissioner under
subdivision 2, totals $15,000,000 annually. Upon receipt of the payment, the commissioner
shall deposit it in the account established in subdivision 1 for the purposes stated therein.
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