Bill Text: MI HB4242 | 2009-2010 | 95th Legislature | Introduced


Bill Title: Energy; conservation; school loans for net metering programs; provide for. Amends 1939 PA 3 (MCL 460.1 - 460.11) by adding sec. 6u. TIE BAR WITH: HB 4243'09

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2009-02-17 - Printed Bill Filed 02/12/2009 [HB4242 Detail]

Download: Michigan-2009-HB4242-Introduced.html

 

 

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL No. 4242

 

February 11, 2009, Introduced by Reps. Terry Brown, Opsommer, Scripps, Knollenberg and Pearce and referred to the Committee on Energy and Technology.

 

     A bill to amend 1939 PA 3, entitled

 

"An act to provide for the regulation and control of public and

certain private utilities and other services affected with a public

interest within this state; to provide for alternative energy

suppliers; to provide for licensing; to include municipally owned

utilities and other providers of energy under certain provisions of

this act; to create a public service commission and to prescribe

and define its powers and duties; to abolish the Michigan public

utilities commission and to confer the powers and duties vested by

law on the public service commission; to provide for the

continuance, transfer, and completion of certain matters and

proceedings; to abolish automatic adjustment clauses; to prohibit

certain rate increases without notice and hearing; to qualify

residential energy conservation programs permitted under state law

for certain federal exemption; to create a fund; to provide for a

restructuring of the manner in which energy is provided in this

state; to encourage the utilization of resource recovery

facilities; to prohibit certain acts and practices of providers of

energy; to allow for the securitization of stranded costs; to

reduce rates; to provide for appeals; to provide appropriations; to

declare the effect and purpose of this act; to prescribe remedies

and penalties; and to repeal acts and parts of acts,"

 

(MCL 460.1 to 460.11) by adding section 6u.


 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 6u. (1) The commission shall make loans at no interest

 

from money in the alternate energy revolving loan fund created

 

under section 6t on a first-come, first-served basis to each

 

applicant school district that, in the judgment of the commission,

 

presents a viable plan for cost-effective energy efficiency

 

improvements in conjunction with construction or lease of an on-

 

site renewable energy production system. The school district's

 

application shall identify the source of money that is expected to

 

be used to repay the loan and specify a repayment period of not

 

more than 30 years.

 

     (2) The commission may begin accepting applications for loans

 

after the alternate energy revolving loan fund first attains a

 

balance of $10,000,000.00. However, if money is to become available

 

through a transfer from discretionary funds that the commission

 

administers or from the American recovery and reinvestment act of

 

2009, the commission may accept loan applications without regard to

 

the balance in the alternate energy revolving loan fund.

 

     (3) If a school district renewable energy production project

 

otherwise meets the requirements for funding, the commission may

 

make a loan under this section from money in the low-income and

 

energy efficiency fund created by the commission that is ordinarily

 

set aside to be used for the development of energy efficiency

 

programs designed to benefit all customer classes. The commission

 

may request that the state treasurer transfer money for the project

 

to the alternate energy revolving loan fund, and the commission

 

shall administer the loan of transferred funds under this section.


 

     (4) A school district that receives a loan under this section

 

shall repay the loan at no interest within 30 years in a manner

 

approved by the commission during the application process.

 

     Enacting section 1. This amendatory act does not take effect

 

unless Senate Bill No.____ or House Bill No. 4243(request no.

 

00636'09*) of the 95th Legislature is enacted into law.

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