Minnesota HF1772 establishes a compensation process for businesses affected by the early termination of a biomass energy plant.

Minnesota HF1772 creates a process to compensate businesses for losses due to the early termination of a biomass energy plant. Eligible businesses can claim compensation for decreased operating income or the loss of value of investments in real or personal property. To qualify, businesses must have been operating under a contract with the biomass plant as of May 1, 2017, and be located in Minnesota. The chief administrative law judge administers the claims process, with awards not subject to judicial review and not constituting an admission of liability by the state.

Minnesota HF1772 establishes a compensation process for businesses affected by the early termination of a biomass energy plant.

Minnesota HF1772 creates a process to compensate businesses for losses due to the early termination of a biomass energy plant. Eligible businesses can claim compensation for decreased operating income or the loss of value of investments in real or personal property. To qualify, businesses must have been operating under a contract with the biomass plant as of May 1, 2017, and be located in Minnesota. The chief administrative law judge administers the claims process, with awards not subject to judicial review and not constituting an admission of liability by the state.