The bill appropriates $5,000,000 from the renewable development account in the special revenue fund for the Minnesota Energy Alley initiative. This funding is designated for fiscal year 2026 and is intended to support various activities aimed at enhancing the state's energy and economic development. Specifically, the grant to Clean Energy Economy Minnesota can be utilized for establishing and supporting the initiative, providing seed funding for businesses, developing training programs, recruiting entrepreneurs, and securing additional funding from federal programs and corporate partners to create a sustainable revenue model.

Additionally, the bill includes a provision that overrides a specific section of Minnesota Statutes, allowing for this appropriation to take place. This is a one-time funding allocation aimed at fostering innovation and growth within Minnesota's clean energy sector, ultimately contributing to the state's long-term economic and energy security.