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Committee OKs carve-out and advances Bona Pacific special‑purpose revenue bond bill
Summary
Senate Bill 585, enabling special‑purpose revenue bonds for Bona Pacific’s proposed integrated biogas and green‑hydrogen facility, passed committee with an Attorney General amendment exempting the measure from a prior Act 182 limitation.
Senators voted to pass Senate Bill 585, which authorizes issuance of special‑purpose revenue bonds to assist Bona Pacific in developing an integrated biogas and green hydrogen facility, adopting an Attorney General amendment that carves the authorization out of a prior statutory limitation.
George Pritchard, president and CEO of Bona Pacific, described the project as producing renewable…
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