2020 Senate Bill 1030

Expand local borrow-and-loan improvements program

Introduced in the Senate

July 23, 2020

Introduced by Sen. Jeff Irwin (D-18)

To expand the type of projects and beneficiaries eligible for subsidies under a law that lets counties borrow money, lend it to a property owner who wants to buy a “renewable energy system,” and levy a special assessment on the property, from which the loan would be repaid. Among other things the bill would also permit subsidies for water service improvements and environmental hazard mitigation projects.

Referred to the Committee on Energy and Technology