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Bill > HB630
NH HB630
NH HB630Establishing a revolving clean energy accelerator fund in the department of energy.
summary
Introduced
01/12/2023
01/12/2023
In Committee
01/12/2023
01/12/2023
Crossed Over
Passed
Dead
06/28/2024
06/28/2024
Introduced Session
2023 Regular Session
Bill Summary
This bill creates a clean energy accelerator fund, administered by the department of energy, to finance goods and services producing low or zero greenhouse gas emissions and use other financial tools to mitigate climate change.
AI Summary
This bill creates a clean energy accelerator fund, administered by the Department of Energy, to finance goods and services producing low or zero greenhouse gas emissions and use other financial tools to mitigate climate change. The fund aims to drive private capital into market gaps, accelerate the deployment of clean technologies, catalyze private investment, and enable vulnerable communities to benefit from greenhouse gas reduction projects. The Department can provide various financing services, such as debt financing, credit enhancements, and equity investments, and is required to ensure that 40% of the fund's investment activity is directed to serve vulnerable communities.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Inexpedient to Legislate: Motion Adopted Regular Calendar 187-182 02/14/2023 House Journal 5 P. 32 (on 02/14/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0718&sy=2023&sortoption=&txtsessionyear=2023&txtbillnumber=HB630 |
| BillText | https://gc.nh.gov/bill_status/legacy/bs2016/billText.aspx?sy=2023&id=723&txtFormat=html |
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