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.