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Bill > HF4059
MN HF4059
MN HF4059Additional financing mechanisms to support Minnesota Climate Innovation Financing Authority activities provided.
summary
Introduced
03/09/2026
03/09/2026
In Committee
03/09/2026
03/09/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to commerce; providing additional financing mechanisms to support Minnesota Climate Innovation Financing Authority activities; amending Minnesota Statutes 2024, section 216C.441, subdivisions 3, 4.
AI Summary
This bill expands the financial tools available to the Minnesota Climate Innovation Financing Authority (MCFA), an entity established to support projects that reduce greenhouse gas emissions. Specifically, it amends existing law to grant the MCFA the power to borrow money or other property for its activities, sell notes, mortgages, or other obligations related to loans, and to enter into agreements that insure or guarantee the payment of qualified loans. These changes are intended to provide the MCFA with additional mechanisms to finance its operations and support climate innovation projects across the state, complementing existing private investment and federal programs.
Committee Categories
Agriculture and Natural Resources
Sponsors (8)
Meg Luger-Nikolai (D)*,
Patty Acomb (D),
Shelley Buck (D),
Ned Carroll (D),
Athena Hollins (D),
Larry Kraft (D),
Anquam Mahamoud (D),
Kari Rehrauer (D),
Last Action
House Energy Finance and Policy (13:00:00 3/17/2026 ) (on 03/17/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/4059/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/4059/versions/0/pdf/ |
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