Senate File 172 - Introduced SENATE FILE BY BOLKCOM Passed Senate, Date Passed House, Date Vote: Ayes Nays Vote: Ayes Nays Approved A BILL FOR 1 An Act directing the office of energy independence to establish a 2 community grant program for energy efficiency projects, and 3 allocating appropriated amounts for purposes of funding the 4 program. 5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 6 TLSB 2290SS 83 7 rn/nh/8 PAG LIN 1 1 Section 1. Section 469.10, Code 2009, is amended by adding 1 2 the following new subsection: 1 3 NEW SUBSECTION. 4A. Of the moneys appropriated to the 1 4 office and deposited in the fund, notwithstanding section 1 5 469.9, subsection 4, the board shall utilize four percent of 1 6 the amount appropriated for each fiscal year for the purpose 1 7 of awarding grants for energy efficiency projects pursuant to 1 8 a community grant program to be administered by the office. 1 9 Grants awarded pursuant to the program shall be between five 1 10 thousand dollars and fifty thousand dollars each. Eligibility 1 11 and approval criteria for the community grant program shall be 1 12 established by the board by rule. 1 13 EXPLANATION 1 14 This bill directs the office of energy independence to 1 15 establish a community grant program for energy efficiency 1 16 projects. Grant awards pursuant to the program would vary 1 17 between $5,000 and $50,000, and eligibility and approval 1 18 criteria shall be established by the power fund board by rule. 1 19 The bill provides that the office shall utilize 4 percent of 1 20 the amount annually appropriated to the office during the 1 21 fiscal period beginning July 1, 2009, and ending June 30, 1 22 2011, for purposes of funding the program. These provisions 1 23 are set forth in the bill notwithstanding Code section 469.9, 1 24 subsection 4, which specifies due diligence activities and 1 25 documentation requirements relating to entities conducting 1 26 business, research, or programs in this state and receiving 1 27 financial assistance from the fund. 1 28 LSB 2290SS 83 1 29 rn/nh/8