Relating to energy use; appropriating money; and declaring an emergency.
Catchline/Summary:
Directs Director of State Department of Energy to administer energy efficiency and sustainable technology loan program for purpose of encouraging investments in energy efficiency, renewable energy and energy conservation. Directs Director of State Department of Energy to administer energy efficiency and sustainable technology loan program for purpose of encouraging investments in energy efficiency, renewable energy and energy conservation.
Directs director to establish sustainable energy project manager certification program for purpose of certifying project managers. Specifies that project managers shall administer program in sustainable energy territories established by director.
Specifies conditions for disbursement of loan moneys. Directs director to establish pilot programs to initiate program. Sunsets pilot programs on January 2, 2016.
Establishes various funds in State Treasury. Continuously appropriates moneys in funds to State Department of Energy for purposes relating to energy efficiency, sustainable technology, small scale local energy projects and higher cost of energy for energy efficiency projects. Authorizes State Treasurer to issue and sell revenue bonds in amount that director considers necessary for purposes related to administering program.
Authorizes department to impose special assessment on certain energy resource suppliers. Directs moneys received from special assessment to be deposited in Energy Project Supplemental Fund for purposes related to loan programs for small scale local energy projects.
Limits biennial expenditures for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by department for purposes related to activities conducted by department pursuant to Act.
Allows local governments to establish program to make loans to owners of qualifying real property for purpose of paying for cost-effective energy improvements.
Declares emergency, effective on passage.
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