SF4450 (Legislative Session 94 (2025-2026))
Renewable development account funds transferal to the preweatherization account
Related bill: HF4189
AI Generated Summary
Purpose
This bill aims to move money within Minnesota’s energy programs. It makes a one-time transfer of $4,000,000 in fiscal year 2027 from the Renewable Development Account to the Preweatherization Account to support energy efficiency efforts.
Main Provisions
- Section 1: Notwithstanding Minnesota Statutes §116C.779, subd. 1, paragraph j, $4,000,000 in fiscal year 2027 is transferred from the Renewable Development Account to the Preweatherization Account under Minnesota Statutes §216C.264, subd. 1c. This is a one-time transfer.
What this changes in the law
- Overrides the normal rules for this year only, allowing funds to shift from one energy program account (Renewable Development Account) to another (Preweatherization Account).
- The transfer is explicitly described as a one-time action for fiscal year 2027.
Fiscal and Practical Impact
- Finances: A single $4,000,000 transfer from the Renewable Development Account to the Preweatherization Account in FY2027.
- Program implications: The Preweatherization Account gains additional funding for that year, while the Renewable Development Account has reduced funds for FY2027.
Who/What is affected
- Energy program funding streams and the specific programs that rely on the Preweatherization Account and Renewable Development Account.
Summary of Key Terms (for quick reference)
- one-time transfer
- $4,000,000
- fiscal year 2027
- Renewable Development Account
- Preweatherization Account
- Minnesota Statutes §116C.779, subd. 1, paragraph j
- Minnesota Statutes §216C.264, subd. 1c
- Notwithstanding
Relevant Terms - one-time transfer - preweatherization - renewable development account - renewable energy funds - preweatherization account - fiscal year 2027 - Notwithstanding - Minnesota Statutes references (116C.779.1.j and 216C.264.1c)
Bill text versions
- Introduction PDF PDF file
Past committee meetings
- Energy, Utilities, Environment, and Climate on: March 18, 2026 12:30
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 17, 2026 | Senate | Action | Introduction and first reading | ||
| March 17, 2026 | Senate | Action | Referred to | Energy, Utilities, Environment, and Climate |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill provides a one-time transfer of $4,000,000 in fiscal year 2027 from the renewable development account to the preweatherization account, referencing Minnesota Statutes section 116C.779, subdivision 1, paragraph j.",
"modified": []
},
"citation": "116C.779",
"subdivision": "subdivision 1 paragraph j"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill designates the recipient of the transfer as the preweatherization account under Minnesota Statutes section 216C.264, subdivision 1c.",
"modified": []
},
"citation": "216C.264",
"subdivision": "subdivision 1c"
}
]Progress through the legislative process
In Committee