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Bill > HF2573


IA HF2573

IA HF2573
A bill for an act relating to grants for qualified mechanical insulation expenditures.


summary

Introduced
02/18/2026
In Committee
02/18/2026
Crossed Over
Passed
Dead

Introduced Session

91st General Assembly

Bill Summary

This bill relates to grants for qualified mechanical insulation expenditures. Contingent on a specific appropriation for this purpose, the bill requires the economic development authority (authority) to establish and administer a mechanical insulation energy savings program for the purpose of providing grants to applicants for qualified mechanical insulation expenditures. Under the bill, the authority shall establish an audit process for an applicant to request a qualified audit, and if the request is approved, the applicant shall receive a qualified audit at no cost. After an applicant’s qualified audit is completed, the authority shall award a grant to the applicant in an amount equal to, and for the purpose of paying, the entire cost of the applicant’s qualified mechanical insulation expenditures. “Applicant”, “mechanical insulation”, “qualified audit”, “qualified contractor”, and “qualified mechanical insulation expenditures” are defined in the bill. The authority shall adopt rules to administer the bill.

AI Summary

This bill, contingent on a specific appropriation, requires the economic development authority (authority) to create and manage a mechanical insulation energy savings program. This program will offer grants to eligible applicants, defined as school districts, public hospitals, public housing buildings, or political subdivisions with buildings of at least twenty thousand square feet, for "qualified mechanical insulation expenditures," which are costs associated with insulation materials and labor for mechanical piping, equipment, and heating, ventilation, and air-conditioning systems. The authority will establish a process for applicants to request a "qualified audit," a free assessment by a "qualified contractor" (an insulation contractor with appropriate apprenticeship agreements and knowledge of energy standards) that identifies insulation needs and estimates costs and savings. Once this audit is complete, the authority will award a grant to cover the full cost of the applicant's qualified mechanical insulation expenditures. The authority will also adopt rules to implement this program.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced, referred to Economic Growth and Technology. H.J. 329. (on 02/18/2026)

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