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Bill > SF4849


MN SF4849

MN SF4849
Geothermal energy systems installation feasibility assessment grants to political subdivisions program establishment and appropriation


summary

Introduced
03/11/2024
In Committee
03/11/2024
Crossed Over
Passed
Dead
05/20/2024

Introduced Session

93rd Legislature 2023-2024

Bill Summary

A bill for an act relating to energy; establishing a program to award grants to political subdivisions to assess the feasibility of installing geothermal energy systems; appropriating money; proposing coding for new law in Minnesota Statutes, chapter 216C.

AI Summary

This bill establishes a Geothermal Planning Grant Program within the Department of Commerce to provide financial assistance to counties, cities, towns, and the Metropolitan Council to assess the technical and economic feasibility of installing geothermal energy systems. The program will be funded through an appropriation from the Renewable Development Account, and the grants can be used to cover the costs of analyzing building energy demand, evaluating equipment, assessing geologic conditions, and conducting financial analyses. The grants are capped at $150,000 per project, and the Commissioner is required to award grants to eligible applicants across all regions of Minnesota.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Hearing (12:30:00 3/27/2024 ) (on 03/27/2024)

bill text


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