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HF 2762

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/09/2023 12:50pm

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

Bill Text Versions

Engrossments
Introduction Posted on 03/09/2023

Current Version - as introduced

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A bill for an act
relating to energy; appropriating money to support investment in green fertilizer
production using renewable energy.

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

Section 1. new text begin SUPPORTING INVESTMENT IN GREEN FERTILIZER PRODUCTION;
APPROPRIATION.
new text end

new text begin (a) $70,000,000 in fiscal year 2024 is appropriated from the general fund to the
commissioner of commerce for grants to cooperatives to invest in green fertilizer production
facilities. This is a onetime appropriation and is available until June 30, 2028.
new text end

new text begin (b) A grant under this section must include a long-term agreement to purchase nitrogen
fertilizer for cooperative members at a specified price. Renewable energy, hydrogen, and
ammonia may be produced elsewhere, but the final production of nitrogen fertilizer must
occur within Minnesota.
new text end

new text begin (c) For purposes of this section:
new text end

new text begin (1) a cooperative includes an agricultural or rural electric cooperative organized under
Minnesota Statutes, chapter 308A or 308B;
new text end

new text begin (2) green fertilizer production facilities are facilities that use renewable energy to produce
anhydrous ammonia, urea, or hydrogen; and
new text end

new text begin (3) eligible renewable energy technologies have the meaning given in Minnesota Statutes,
section 216B.1691, subdivision 1.
new text end