Purpose of the Bill

The purpose of the bill is to allocate funding for the Minnesota Green Iron Initiative, which aims to promote industrial decarbonization efforts at the University of Minnesota's Natural Resources Research Institute. This initiative focuses on using hydrogen and renewable energy resources.

Main Provisions

• The bill proposes to appropriate $9,000,000 for fiscal year 2026 and another $9,000,000 for fiscal year 2027.
• The funding comes from the state's general fund and is directed to the Board of Regents of the University of Minnesota.
• The initiative focuses on advancing industrial decarbonization, indicating the use of hydrogen and renewable energy sources.
• It emphasizes strong community engagement as a part of its efforts.

Significant Changes to Existing Law

• This bill does not propose changes to existing laws but focuses on providing specific funding for an environmental initiative within the university framework.

Relevant Terms

• Higher education
• Appropriation
• Decarbonization
• Hydrogen
• Renewable energy
• University of Minnesota
• Natural Resources Research Institute