Purpose of the Bill

The purpose of this bill is to provide funding to support the Minnesota Green Iron Initiative, which is focused on advancing the decarbonization of industrial processes. This initiative is housed at the University of Minnesota's Natural Resources Research Institute.

Main Provisions

• The bill allocates $9,000,000 for fiscal year 2026 and an additional $9,000,000 for fiscal year 2027.
• These funds are appropriated from Minnesota's general fund to the Board of Regents for use by the University of Minnesota.
• The initiative will concentrate on utilizing hydrogen and renewable energy resources.
• It emphasizes the importance of building infrastructure and engaging with the community.

Significant Changes

• The bill introduces new funding specifically designated for decarbonization efforts in the industrial sector, which is a new initiative under the University of Minnesota's Natural Resources Research Institute.

Relevant Terms

• Higher education
• Appropriations
• Minnesota Green Iron Initiative
• Decarbonization
• Hydrogen
• Renewable energy
• Infrastructure
• Community engagement