Minnesota 2023-2024 Regular Session

Minnesota House Bill HF1477

Introduced
2/8/23  

Caption

Advanced biofuel, renewable chemical, and biomass thermal production incentive provisions modified; and money appropriated.

Impact

If enacted, HF1477 is expected to have a significant impact on Minnesota's agricultural economy by incentivizing the establishment of advanced biofuel production facilities that adhere to stringent local sourcing requirements. The proposed legislation seeks to promote sustainable agricultural practices by prioritizing biomass sourced from local farms, thereby enhancing the market for agricultural products. Furthermore, it establishes clear financial parameters for both biofuel and renewable chemical production, which may encourage new investment in Minnesota's clean energy sector.

Summary

House Bill 1477 aims to modify existing provisions relating to the incentives for advanced biofuel, renewable chemical, and biomass thermal production in Minnesota. The bill outlines eligibility requirements for facilities seeking financial support for producing these alternative fuels and chemicals, emphasizing local sourcing of materials from within Minnesota. Facilities must produce a minimum quantity of their respective biofuels or chemicals and are capped at specific payment limits based on their production levels.

Conclusion

Overall, HF1477 aims to align state incentives with environmental sustainability goals while fostering economic development in the emerging biofuel market. The bill is a response to the increasing demand for renewable energy solutions and a commitment to supporting local agriculture, but ongoing discussions will likely focus on achieving a balance between regulatory requirements and fostering broader participation in Minnesota's clean energy initiatives.

Contention

The bill faces potential criticisms related to its specificity and exclusivity regarding eligibility criteria, which may limit participation from prospective producers that do not meet local sourcing requirements. Some stakeholders might argue that HF1477 could inadvertently stifle innovation by imposing strict conditions that favor established producers over new entrants. Additionally, there is concern about whether the set limits on annual payments are sufficient to stimulate significant growth in the advanced biofuel sector amidst a competitive market.

Companion Bills

MN SF1178

Similar To Advanced biofuel, renewable chemical, and biomass thermal production incentives provisions modifications and appropriations

Previously Filed As

MN SF1178

Advanced biofuel, renewable chemical, and biomass thermal production incentives provisions modifications and appropriations

MN HF1586

Advanced biofuel and renewable chemical production incentive provisions modified.

MN SF2667

Advanced biofuel production incentive and renewable chemical production incentive provisions modification

MN HF1500

Advanced biofuel production incentive modified.

MN SF1359

Advanced biofuel production incentive modification provision

MN HF5229

Agriculture provisions modified, and money appropriated.

MN SB903

Renewable Energy Portfolio Standard - Qualifying Biomass and Thermal Biomass Systems

MN HB1085

Renewable Energy Portfolio Standard – Qualifying Biomass and Thermal Biomass Systems

MN HF2761

Monitoring of biofuel, air emissions, wastewater, and coproducts for presence of chemicals required; voluntary biomonitoring of biofuel plant employees provided; and money appropriated.

MN HF1481

Monitoring of biofuel, air emissions, wastewater, and coproducts for the presence of certain chemicals required; voluntary biomonitoring of biofuel plant employees provided; and money appropriated.

Similar Bills

MN SF1178

Advanced biofuel, renewable chemical, and biomass thermal production incentives provisions modifications and appropriations

MN SF2667

Advanced biofuel production incentive and renewable chemical production incentive provisions modification

MN HF1586

Advanced biofuel and renewable chemical production incentive provisions modified.

MN HF2541

Board of Animal Health abolished, and duties transferred to Department of Agriculture, Animal Health Advisory Council established, report required, and rulemaking authorized.

MN HF2775

Minnesota Grape and Wine Council established; grant program for promotion, education, and development of Minnesota wines established; sales and use tax nexus established for direct shippers; revenues deposited; direct shipper's license required for shipments of wine to consumers; reporting requirements established for direct shippers; and money appropriated.

MN SF2721

Minnesota Grape and Wine Council establishment

MN HF2278

Agriculture finance and policy bill.

MN SF1359

Advanced biofuel production incentive modification provision