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DEQ-backed bill would modernize state building energy program, repeal unused bonding authority
Summary
House Bill 47 would repeal an unused DEQ bonding authority, allow the agency to set an interest rate up to 3% for its State Building Energy Conservation Program and expand eligible project language to include operations and maintenance savings; DEQ officials say the program has invested roughly $40 million since 2009 and saves an estimated $2.6 million annually.
Representative Zollnikov presented HB47 on behalf of the Department of Environmental Quality. The bill would (1) repeal DEQ’s unused bonding authority for the State Building Energy Conservation Program (authority unused since 2007), (2) replace a fixed statutory 3% interest rate with departmental authority to set a rate not…
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