SF 4913 Minnesota Senate · 2025-2026 Regular Session

Minnesota Climate Innovation Finance Authority elimination

This bill eliminates the Minnesota Climate Innovation Finance Authority, a state agency established to fund clean energy and environmental projects through grants, loans, and other financing tools. The legislation transfers any outstanding debt obligations from the authority to the commissioner of management and budget by June 30, 2026, and repeals the existing statute that created the authority. The changes take effect immediately upon enactment, with the repeal of the authority's enabling law occurring on July 1, 2026.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2026
Committee Review
Floor Vote
Governor
Introduced Mar 26, 2026 Last action Mar 26, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Mar 26, 2026
Committee
Referred to Energy, Utilities, Environment, and Climate
upper
Mar 26, 2026
Introduced
Introduction and first reading
upper
1 primary · 2 co-sponsors

Sponsors