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