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HF 3675

as introduced - 90th Legislature (2017 - 2018) Posted on 03/26/2018 05:42pm

KEY: stricken = removed, old language.
underscored = added, new language.

Current Version - as introduced

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A bill for an act
relating to capital investment; appropriating money for grants to public school
districts for solar energy systems; authorizing the sale and issuance of state bonds.

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

Section 1. new text begin PUBLIC SCHOOLS; SOLAR ENERGY SYSTEMS.
new text end

new text begin Subdivision 1. new text end

new text begin Appropriation. new text end

new text begin (a) $4,000,000 is appropriated from the bond proceeds
fund to the commissioner of commerce for grants to public school districts to add solar
energy systems on, adjacent to, or in proximity to school district buildings.
new text end

new text begin (b) An eligible solar energy system must be a capital improvement to land or buildings
within the meaning of the Minnesota Constitution, article XI, section 5, paragraph (a), which
includes fixtures with a useful life of at least ten years. The capacity of a solar energy system
must be less than 300 kilowatts to the extent necessary to match the electrical load of the
building. A solar energy system under this section is not eligible to receive a rebate for the
installation of a solar energy system under Minnesota Statutes, section 116C.7791, or from
any utility.
new text end

new text begin (c) "Solar energy system" means photovoltaic devices alone or installed in conjunction
with a solar thermal system or an energy storage system. "Energy storage system" means
a commercially available technology capable of absorbing and storing electrical energy and
dispatching that stored electrical energy at a later time.
new text end

new text begin (d) One-half of the appropriation is available for grants to districts in the seven-county
metropolitan area and one-half is available for grants to districts outside the seven-county
metropolitan area. The commissioner of commerce shall determine the application procedures
and make grants on a first-come, first-served basis. A grant may be for up to 95 percent of
the cost of design, engineering, acquisition, and installation of a solar energy system. A
school district may issue debt under Minnesota Statutes, section 123B.62, to provide its
share of the costs of a solar energy system funded from this appropriation.
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 $4,000,000 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