HF 2442 Minnesota House · 2025-2026 Regular Session

Climate and energy finance bill.

HF 2442 is primarily a budget bill appropriating $42 million annually to Minnesota's Department of Commerce for fiscal years 2026-2027, not a climate-specific policy. It funds existing programs like financial inclusion services for low-income residents ($400,000/year), a Prescription Drug Affordability Board ($500,000/year), and fraud prevention initiatives ($811,000/year for additional officers). The bill modifies administrative processes for consumer lending, cannabis licenses, and energy-related reporting (e.g., biofuels blends), but does not establish new climate or energy policies. While titled "Climate and energy finance bill," the provided text shows it focuses on general commerce funding rather than targeted climate action. The bill's energy provisions are limited to modifying existing reporting requirements, not creating new climate programs.
Bill status passed both 4 of 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
House Passage
May 2025
Senate Passage
May 2025
Governor
Introduced Mar 17, 2025 Last action May 14, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

1st Engrossment 2nd Engrossment · 4 edits · May 5, 2025
MODERATE
The bill was updated from the 1st to the 2nd engrossment, changing the title to reflect funding for renewable development accounts and updating the posting date. The most significant change is the restructuring of the bill into two articles: one for climate and energy finance and another for renewable development account appropriations. This update clarifies the funding sources and specific allocations for various energy programs, including vermiculite insulation remediation, weatherization assistance, and microgrid research.
Scope change
The bill's scope was expanded and reorganized to explicitly include appropriations for renewable development accounts, separating these funds from the general energy appropriations.
FISCAL

The total appropriation for the Department of Commerce was increased from $1,097,000 to $15,343,000 for the first year, with specific line items added for vermiculite insulation remediation, weatherization assistance, and clean energy resource teams.

A new article was added for Renewable Development Account Appropriations, allocating $500,000 for the 'Made in Minnesota' solar energy program and $400,000 for microgrid research at the University of St. Thomas.

The title of the bill was updated to accurately reflect that it appropriates money for both energy and renewable development account programs and activities.

TECHNICAL

The bill text was reorganized into distinct articles (Climate and Energy Finance and Renewable Development Account Appropriations) to improve clarity and structure.

Floor votes · House May 7, 2025

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
27
Key actions
8
Committee
7
Amendments
3
May 14, 2025
Lower · Passed
Senate accedes, conference committee of 3 be appointed
lower
May 13, 2025
Upper · Passed
House not concur, conference committee requested
upper
May 12, 2025
Upper · Passed
Third reading Passed
upper
May 12, 2025
Introduced
Reconsidered an amendment
upper
May 12, 2025
Lower · Passed
House refuses to concur, conference committee of 4 requested
lower
May 12, 2025
Introduced
Returned from Senate with amendment
lower
May 9, 2025
Introduced
Special Order: Amended
upper
May 8, 2025
Upper · Passed
Comm report: To pass as amended
upper
May 7, 2025
Committee
Referred to Finance
upper
May 7, 2025
Introduced
Introduction and first reading
upper
May 7, 2025
Introduced
Received from House
upper
May 7, 2025
Lower · Passed
Bill was passed
lower
May 5, 2025
Lower · Passed
Committee report, to adopt as amended
lower
Apr 21, 2025
Lower · Passed
Committee report, to adopt as amended and re-refer to Ways and Means
lower
Mar 17, 2025
Introduced
Introduction and first reading, referred to Energy Finance and Policy
lower
1 primary · 1 co-sponsor

Sponsors