Establishes a financing program for air ventilation and geothermal infrastructure in Minnesota schools.

The bill establishes an air ventilation improvement and geothermal infrastructure financing program for schools in Minnesota. It appropriates funds from the general fund and the renewable development account to the Minnesota Climate Innovative Finance Authority. The program aims to provide low-interest financing to school districts for air ventilation improvements and geothermal energy systems. It prioritizes projects in communities with high poverty rates, ensures an equal number of projects in and outside the seven-county metropolitan area, and develops consumer protection standards.

Establishes a financing program for air ventilation and geothermal infrastructure in Minnesota schools.

The bill establishes an air ventilation improvement and geothermal infrastructure financing program for schools in Minnesota. It appropriates funds from the general fund and the renewable development account to the Minnesota Climate Innovative Finance Authority. The program aims to provide low-interest financing to school districts for air ventilation improvements and geothermal energy systems. It prioritizes projects in communities with high poverty rates, ensures an equal number of projects in and outside the seven-county metropolitan area, and develops consumer protection standards.