Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Tom Bottern
State of Minnesota
S.F. No. 1657 - Tax Credit for Certain Energy Improvements
Author: Senator Kevin L. Dahle
Prepared By: Nora Pollock, Senate Counsel (651/297-8066)
Date: March 23, 2015


This bill establishes a nonrefundable tax credit for family farm business entities and small businesses for qualifying project costs of specified energy systems, effective beginning in tax year 2015.  Project costs include labor and direct costs for preparation, assembly, and installation of equipment and components of and design for geothermal heath exchanges, smaller wind turbines, solar thermal arrays, or storage systems, all of which are defined in the bill.  These qualifying systems must be installed by a small business in a rural area as defined under federal regulations, or by a family farm business entity.  The credit allowed is 30 percent of project costs per system installed and placed in service in the taxable year.  The credit is nonrefundable but may be carried forward for up to three years. 

Check on the status of this bill
Back to Senate Counsel and Research Bill Summaries page

This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
Last review or update: 03/23/2015
If you see any errors on this page, please e-mail us at