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MN SF3222

MN SF3222
Renewable chemical production incentive program eligibility requirements modification


summary

Introduced
03/12/2018
In Committee
03/29/2018
Crossed Over
Passed
Dead
05/20/2018

Introduced Session

90th Legislature 2017-2018

Bill Summary

Renewable chemical production incentive program eligibility requirements modification

AI Summary

This bill modifies the eligibility requirements for the renewable chemical production incentive program in Minnesota. It requires that at least 80% of the biobased content used to produce a renewable chemical must be sourced from within the state of Minnesota, or within a 100-mile radius of the facility if it is located within 50 miles of the state border. The bill also changes the start date for production from January 1, 2015, to January 1, 2013, and sets a deadline of June 30, 2025, for facilities to begin production. Additionally, the bill prohibits payments for renewable chemical production that occurs after June 30, 2035, and clarifies that producers cannot transfer their eligibility to a different facility location.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (4)

Last Action

Comm report: To pass and re-referred to Agriculture, Rural Development, and Housing Finance (on 03/29/2018)

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