Bill Bush
- Democratic
- Representative
- District 29
Primary
This Act allows the Department of Natural Resources and Environmental Control to assist more small businesses and organizations in making energy efficiency improvements to their facilities by raising the proportion of those projects that can be funded through grants or loans by the Energy Efficiency Investment Fund. Currently, assistance is capped at 30% of the project cost up to $250,000, leaving an applicant to come up with the remaining 70% or more. This can be prohibitive for smaller entities. By raising the eligible proportion of the project cost to 60%, without changing the maximum funding, the Department can help more small businesses, local governments, and nonprofits reduce their operating costs and environmental impact.
Signed by Governor
Passed By Senate. Votes: 20 YES 1 ABSENT
Reported Out of Committee (Banking, Business, Insurance & Technology) in Senate with 7 On Its Merits
Assigned to Banking, Business, Insurance & Technology Committee in Senate
Passed By House. Votes: 38 YES 3 ABSENT
Reported Out of Committee (Natural Resources & Energy) in House with 3 Favorable, 5 On Its Merits
Introduced and Assigned to Natural Resources & Energy Committee in House
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