Bill > HB155

This bill expands the Maryland Department of Housing and Community Development's ability to support greenhouse gas emissions reductions in multifamily residential buildings by allowing the department to issue loans in addition to grants for energy conservation projects. The bill specifically targets low- to moderate-income households and prohibits using these funds for projects involving fossil fuel equipment. The legislation requires the Governor to include $5,000,000 in the annual budget for these loans and grants in fiscal years 2024 through 2026 and mandates annual reporting on funded projects. Additionally, the bill modifies how the Public Utilities Commission calculates greenhouse gas emissions reduction targets, allowing the department to include savings from all funding sources when measuring progress, as long as those savings are achieved in a manner consistent with U.S. Department of Energy requirements or other applicable energy savings standards. The bill aims to support energy efficiency, renewable energy installations, and electrification efforts in low-income residential settings, with a specific focus on reducing greenhouse gas emissions. The provisions will take effect on July 1, 2025, providing a clear timeline for implementation of these new guidelines and funding mechanisms.

Education, Transportation and Infrastructure

Environment and Transportation (H)

https://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB0155?ys=2025RS