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Committee approves amendment widening nonprofit green-loan program, authorizes $5 million from 2027
2570195 · March 12, 2025
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Summary
The Budget and Taxation Committee approved an amendment that shifts administration of a no‑interest loan program for nonprofits and broadens eligible uses to cover operational and small capital projects, and authorized $5 million starting in 2027.
The Budget and Taxation Committee approved an amendment to a bill that provides no‑interest loans to nonprofit organizations for energy- or “green”-related projects, broadening eligible uses and authorizing $5,000,000 starting in 2027.
Committee staff described the…
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