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Bill > SB0303
MI SB0303
MI SB0303Energy: alternative sources; property assessed clean energy program; include environmental hazard and new construction projects and agricultural and multifamily property. Amends title & secs. 3, 5, 7, 11, 13, 15 & 17 of 2010 PA 270 (MCL 460.933 et seq.).
summary
Introduced
04/27/2023
04/27/2023
In Committee
06/21/2023
06/21/2023
Crossed Over
05/24/2023
05/24/2023
Passed
06/28/2023
06/28/2023
Dead
Signed/Enacted/Adopted
08/22/2023
08/22/2023
Introduced Session
102nd Legislature
Bill Summary
AN ACT to amend 2010 PA 270, entitled ?An act to authorize local units of government to adopt property assessed clean energy programs and to create districts to promote the use of renewable energy systems and energy efficiency improvements by owners of certain real property; to provide for the financing of such programs through voluntary property assessments, commercial lending, and other means; to authorize a local unit of government to issue bonds, notes, and other evidences of indebtedness and to pay the cost of renewable energy systems and energy efficiency improvements from the proceeds thereof; to provide for the repayment of bonds, notes, and other evidences of indebtedness; to authorize certain fees; to prescribe the powers and duties of certain governmental officers and entities; and to provide for remedies,? by amending the title and sections 3, 5, 7, 11, 13, 15, and 17 (MCL 460.933, 460.935, 460.937, 460.941, 460.943, 460.945, and 460.947), section 3 as amended by 2017 PA 242.
AI Summary
This bill amends the Michigan Property Assessed Clean Energy (PACE) program to include environmental hazard projects and new construction projects, as well as expand eligibility to agricultural and multifamily properties. The bill defines key terms like "energy efficiency improvement," "environmental hazard project," and "new construction energy project." It outlines the process for local governments to establish and amend PACE programs, including public hearings and resolutions. The bill also authorizes local governments to issue bonds to finance PACE projects and provides details on assessment lien procedures and exemptions. Overall, the bill seeks to expand the PACE program's scope and financing options to promote renewable energy, energy efficiency, and environmental hazard mitigation improvements on a wider range of private properties.
Committee Categories
Agriculture and Natural Resources, Transportation and Infrastructure
Sponsors (11)
Kristen McDonald Rivet (D)*,
Darrin Camilleri (D),
Mary Cavanagh (D),
Stephanie Chang (D),
Jeff Irwin (D),
Sean McCann (D),
Dayna Polehanki (D),
Sylvia Santana (D),
Sue Shink (D),
Sam Singh (D),
Paul Wojno (D),
Last Action
Assigned Pa 0107'23 (on 08/22/2023)
Official Document
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