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SF 4089

as introduced - 92nd Legislature (2021 - 2022) Posted on 08/03/2022 08:24am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to energy; appropriating money for the solar for schools program; amending
Minnesota Statutes 2021 Supplement, section 216C.376, subdivision 5.

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

Section 1.

Minnesota Statutes 2021 Supplement, section 216C.376, subdivision 5, is
amended to read:


Subd. 5.

Program funding.

(a) In 2022, the public utility subject to section 116C.779
must withhold $8,000,000 from the transfer made under section 116C.779, subdivision 1,
paragraph (e), to pay for assistance provided by the program under this section.new text begin In 2023,
the amount that must be withheld is $4,300,000. In 2024, the amount that must be withheld
is $8,000,000. In 2025, the amount that must be withheld is $8,000,000.new text end The money withheld
under this paragraph must be used to pay for financial assistance awarded under this section
and the costs to administer this section. Any money that remains unexpended deleted text begin on June 30,
2027,deleted text end new text begin five years after the money is withheldnew text end cancels to the renewable development account.

(b) The renewable energy credits associated with the electricity generated by a solar
energy system installed under this section are the property of the public utility that is subject
to this section for the life of the system, regardless of the duration of the financial assistance
provided by the public utility under this section.

Sec. 2. new text begin APPROPRIATION.
new text end

new text begin $4,300,000 in fiscal year 2023 is appropriated from the general fund to the commissioner
of commerce to provide financial assistance to schools to purchase and install solar energy
generating systems under Minnesota Statutes, section 216C.375. This appropriation must
be expended on schools located outside the electric service territory of the public utility that
is subject to Minnesota Statutes, section 116C.779. This appropriation is available until
June 30, 2028. The base amount for fiscal year 2024 is $8,000,000. The base amount for
fiscal year 2025 is $8,000,000. The base amount for fiscal year 2026 is $0.
 new text end