House File 2195 - Introduced HOUSE FILE 2195 BY ISENHART and WATTS A BILL FOR An Act relating to the alternate energy revolving loan program. 1 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 2 TLSB 5454YH (4) 85 rn/sc
H.F. 2195 Section 1. Section 476.46, subsection 1, Code 2014, is 1 amended to read as follows: 2 1. The Iowa energy center created under section 266.39C 3 shall establish and administer an alternate energy revolving 4 loan program to encourage the development of alternate energy 5 production facilities and small hydro facilities within 6 the state and to encourage and facilitate energy efficiency 7 investments by public entities in this state . For the purposes 8 of this section, “public entities” means the state, state 9 agencies, cities, counties, townships, and school districts. 10 Sec. 2. Section 476.46, subsection 2, paragraph c, Code 11 2014, is amended to read as follows: 12 c. Moneys in the fund shall be used to provide loans or 13 facilitate loans from other sources for the construction 14 of alternate energy production facilities or small hydro 15 facilities , as defined in section 476.42 , and for energy 16 efficiency installations or improvements in connection with 17 the construction or rehabilitation of public buildings owned 18 or leased by public entities . 19 EXPLANATION 20 The inclusion of this explanation does not constitute agreement with 21 the explanation’s substance by the members of the general assembly. 22 This bill relates to the alternate energy revolving loan 23 program established in Code section 476.46. 24 Currently, the objective of the alternate energy loan 25 program is to encourage the development of alternate energy 26 production facilities and small hydro facilities within the 27 state through the provision of loans for the construction 28 of such facilities. The bill provides that an additional 29 objective of the program shall be to encourage and facilitate 30 energy efficiency investments by public entities in Iowa 31 by making or facilitating loans for energy efficiency 32 installations or improvements in connection with the 33 construction or rehabilitation of public buildings owned or 34 leased by public entities. The bill defines “public entities” 35 -1- LSB 5454YH (4) 85 rn/sc 1/ 2
H.F. 2195 to mean the state, state agencies, cities, counties, townships, 1 and school districts. 2 -2- LSB 5454YH (4) 85 rn/sc 2/ 2