Modifies pollution control tax incentives and provides additional funding for compensation and retraining of displaced workers.

Directs the workforce training and education coordinating board and local associate development organizations to develop a comprehensive plan to increase employment opportunities for displaced workers receiving assistance under section 5 of the act and improve the economic well-being in the county in which the thermal electric generation facility is located.

Directs the department of community, trade, and economic development to conduct an analysis to determine how the state can meet its energy needs without using energy currently generated by thermal electric generation facilities placed in operation after December 31, 1969, and before July 1, 1975.

Makes an appropriation.