Section 2 extends the repeal date of Minnesota Statutes 2006, section 216C.051, (Legislative Electric Energy Task Force) from June 30, 2007, to June 30, 2008.

Section 3, subdivision 1, provides that the Legislative Electric Energy Task Force shall contract with an entity to conduct a comprehensive study of the economic and environmental costs and benefits of constructing a new nuclear power plant in Minnesota. Specifies the requirements of the study including an investigation of:

• advances in technology that would be reflected in the plant's design and operation in comparison to the plants that currently operate in Minnesota

• predesign, design, and construction costs of a 600-megawatt nuclear plant in Minnesota, and the comparable costs of constructing a conventional coal plant, a coal plant that uses "clean-coal" technology, a coal gasification plan, and a combination of cost-effective energy conservation investments and renewable energy

estimated cost of storing the plant's nuclear waste on site

• projected retail rate per kilowatt hour from the plant and a comparison to the costs of the alternatives above

• environmental impacts of the plant's operation in comparison to the alternatives above

health effects associated with human exposure to the plant's emissions

Subdivision 2 requires a report on the study's findings to the Legislative Electric Energy Task Force by March 1, 2008.

Subdivision 3 provides that the cost of the report must not exceed $200,000, to be paid from revenues raised through the Legislative Electric Energy Task Force.

Section 4 provides that sections 1 to 3 are effective the day following enactment.

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