House File 422 - Introduced HOUSE FILE 422 BY KELLEY A BILL FOR An Act providing for a study to encourage the development and 1 expansion of alternate energy production. 2 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 3 TLSB 2224YH (2) 85 rn/nh
H.F. 422 Section 1. ALTERNATE ENERGY PRODUCTION —— EXPANSION —— 1 STUDY. 2 1. The utilities board of the utilities division of the 3 department of commerce, in consultation with the economic 4 development authority, shall conduct a study to determine 5 effective strategies for expanding alternate energy production 6 in this state. Strategies may include but are not limited 7 to additional tax credits or modification of the level of or 8 duration of existing tax credits, expedited approval and sample 9 interconnection agreements, and the development or expansion of 10 grant and loan programs designed to facilitate alternate energy 11 production. 12 2. The board shall submit recommendations resulting from 13 the study to the members of the general assembly by January 1, 14 2014. 15 EXPLANATION 16 This bill directs the Iowa utilities board, in consultation 17 with the economic development authority, to conduct a study to 18 determine effective strategies for expanding alternate energy 19 production in this state. The bill states that strategies 20 may include but are not limited to additional tax credits 21 or modification of the level of or duration of existing 22 tax credits, expedited approval and sample interconnection 23 agreements, and the development or expansion of grant and loan 24 programs designed to facilitate alternate energy production. 25 The bill requires the board to submit recommendations 26 resulting from the study to the members of the general assembly 27 by January 1, 2014. 28 -1- LSB 2224YH (2) 85 rn/nh 1/ 1