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4.071 Oil overcharge money.

Subdivision 1. Appropriation required. "Oil overcharge money" means money received by the state as a result of litigation or settlements of alleged violations of federal petroleum pricing regulations. Oil overcharge money may not be spent until it is specifically appropriated by law.

Subd. 2. Minnesota resources projects. The legislature intends to appropriate one-half of the oil overcharge money for projects that have been reviewed and recommended by the legislative commission on Minnesota resources. A work plan must be prepared for each proposed project for review by the commission. The commission must recommend specific projects to the legislature.

Subd. 3. Energy conservation projects. The oil overcharge money that is not otherwise appropriated by law or dedicated by court order is appropriated to the commissioner of economic security for energy conservation projects that directly serve low-income Minnesotans. This appropriation is available until spent.

HIST: 1988 c 686 art 1 s 36; 1988 c 690 s 1; 1989 c 335 art 1 s 269; 1990 c 568 art 2 s 1; 1994 c 483 s 1

Official Publication of the State of Minnesota
Revisor of Statutes