1.1 	A bill for an act
1.2 	relating to energy; appropriating money for a third-party feasibility study on using 
1.3 	Minnesota taconite in long-term battery storage systems.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. MINNESOTA TACONITE TO BATTERY ENERGY STORAGE 
1.6 	APPLICATIONS FEASIBILITY STUDY; APPROPRIATION.
 1.7 	$2,000,000 in fiscal year 2024 is appropriated from the general fund to the commissioner 
1.8 	of commerce for a third-party feasibility study to identify and process Minnesota iron 
1.9 	resources that could be suitable for upgrading to long-term battery storage specifications. 
1.10 	The commissioner must consult with representatives of the battery energy storage system 
1.11 	industry when selecting a contractor to conduct the feasibility study. A report summarizing 
1.12 	the results of the feasibility study must be submitted to the commissioner of commerce and 
1.13 	to the chairs and ranking minority members of the house of representatives and senate 
1.14 	committees with jurisdiction over energy policy no later than February 1, 2025. This is a 
1.15 	onetime appropriation.