Bill No.: HB0179                  Drafter:  MQ

 

LSO No.:  11LSO-0107              Effective Date:  7/1/2011

 

Enrolled Act No.:  HEA0071

 

Chapter No.:       152

 

Prime Sponsor:     Representative Petroff

 

Catch Title:       Energy improvement program.

 

Subject:  Authorizes a local government to adopt an energy improvement program.

 

 

 

Summary/Major Elements:

 

       Permits a local government (municipality, county or joint powers board) to designate an energy improvements area and establish an energy improvements program to make loans to owners of real property within the area for cost-effective energy improvements to existing residential, commercial or industrial buildings on the property.

 

       "Energy improvements program" means a program authorizing energy efficiency or renewable energy improvements in a program adopted by a municipality, county or joint powers board.

 

       A governing body which establishes an energy improvements program may secure a loan under the program with a special assessment on the benefited property.