HF 723 (LSB 2445YH (7) 90)

HOUSE FILE 723

BY  ISENHART

A BILL FOR

An Act relating to clean energy feasibility, energy tax credits, making an appropriation, and including effective date provisions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

DIVISION I
CLEAN ENERGY WORKFORCE PROGRAMS

    Section 1.  IOWA ECONOMIC DEVELOPMENT AUTHORITY.  There is appropriated from the Iowa coronavirus fiscal recovery fund created in section 8.57G to the Iowa economic development authority for the fiscal year beginning July 1, 2023, and ending June 30, 2024, the following amount, or so much thereof as is necessary, to be used for the purposes designated:
   For the assessment of clean energy feasibility in the state:
   ...................................................................... $    200,000

   The Iowa economic development authority shall assess, in consultation with the department of workforce development, community colleges in the state, and representatives of skilled trade apprenticeship programs in the state, the workforce capacity and job training resources necessary to facilitate the success of clean energy programs in the state, and shall submit quarterly reports beginning September 30, 2023, to the governor and members of the general assembly regarding the feasibility of all of the following:
   1.  Establishment of a state clean energy bank to do all of the following:
   a.  Increase investments in clean energy, combining public and private financial resources.
   b.  Facilitation of utility bill financing of energy improvements to lower costs for consumers and create new jobs in the energy sector.
   2.  Creation of a strategy and plan to leverage energy storage in combination with grid modernization to enhance the efficiency and resiliency of the state’s electric system for Iowa energy users.
   3.  Development of incentive programs to support projects on agricultural land that combine the generation of clean energy with agronomic use of agricultural land by young and beginning farmers.
   4.  Deployment of electric vehicle charging infrastructure to make the fueling of zero-emission vehicles possible for all Iowa residents by 2035.
   5.  Creation of a comprehensive, biannual statewide integrated resource planning process to identify and balance future electric needs with the energy resources to meet those needs, to include both supply and demand measures, in collaboration with the Iowa utilities board, the office of consumer advocate, and the clean energy districts of Iowa.
   6.  Evaluation and provision of energy efficiency strategies, practices, incentives, and resources for building owners and other energy users in collaboration with local governments.
   7.  The Iowa economic development authority shall submit a final report by June 30, 2024.
   8.  Notwithstanding section 8.33, moneys appropriated in this section that remain unencumbered or unobligated at the close of the fiscal year shall not revert but shall remain available for expenditure for the purposes designated until the close of the succeeding fiscal year.
DIVISION II
ENERGY TAX CREDIT PROGRAMS

    Sec. 2.  ENERGY INCENTIVE PROGRAMS —— APPLICATIONS.
   1.  The Iowa economic development authority and the Iowa finance authority, in cooperation with other state agencies, local governments, and other stakeholders, shall apply for and receive moneys, or assist other state agencies in applying for and receiving moneys, available through federal agencies and programs authorized by the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, or the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, including but not limited to:
   a.  Preventing outages and enhancing the resilience of the electric grid pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40101.
   b.  The electric grid reliability and resilience research, development, and demonstration pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40103.
   c.  The energy efficiency revolving loan fund capitalization grant program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40502.
   d.  The weatherization assistance program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40551.
   e.  The energy efficiency and conservation block grant program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40552.
   f.  The energy auditor training grant program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No.  117-58, section 40503.
   g.  Grants for charging and fueling infrastructure pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 11401.
   h.  Grants for bus and bus facilities pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 30018.
   i.  State energy program formula funding pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 40109.
   j.  The clean school bus program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 71101.
   k.  The electric or low-emitting ferry pilot program pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 71102.
   l.  Carbon reduction program funding pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 11403.
   m.  Federal-state partnership for intercity passenger rail grants pursuant to the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58, section 22307.
   n.  Home energy performance-based whole house rebates pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50121.
   o.  The high efficiency electric home rebate program pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50122.
   p.  State-based home energy efficiency contractor training grants pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50123.
   q.  Assistance for latest and zero building energy code adoption pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50131.
   r.  Greenhouse gas reduction fund pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 60103.
   s.  Energy infrastructure reinvestment financing pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50144.
   t.  Transmission facility financing pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50151.
   u.  Grants to facilitate the siting of interstate electricity transmission lines pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 50152.
   v.  Additional funding for electric loans for renewable energy pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 22001.
   w.  Assistance for rural electric cooperatives pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 22004.
   x.  The clean heavy-duty vehicles program pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 60101.
   y.  The neighborhood access and equity grant program pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 60501.
   z.  Environmental and climate justice block grants pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 60201.
   2.  By June 30, 2023, the Iowa economic development authority shall deliver a report to the governor and general assembly regarding any statutory changes and nonfederal financial resources that may be needed to access the available federal funding.
    Sec. 3.  FEDERAL INFLATION REDUCTION ACT OF 2022 —— TECHNICAL INFORMATION AND PROMOTION.  The Iowa economic development authority, in cooperation with the department of revenue, department of management, and other state and local agencies, shall promote and provide technical information to potential Iowa beneficiaries of the following tax credit and energy incentive programs enacted, increased, modified, or extended pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169:
   1.  The nonbusiness energy property credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13301.
   2.  The residential clean energy credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13302.
   3.  The energy efficient commercial buildings deduction, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13303.
   4.  The new energy efficient home credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13304.
   5.  The elective payment for energy property and electricity produced from certain renewable resources, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13801.
   6.  The renewable electricity production credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13101.
   7.  The extension of energy investment credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13102.
   8.  The new clean electricity production credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13701.
   9.  The new clean electricity investment credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13702.
   10.  The clean vehicle credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13401.
   11.  The previously owned clean vehicles credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13402.
   12.  The qualified commercial vehicles tax credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13403.
   13.  The alternative fuel refueling property credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13404.
   14.  Incentives for biodiesel, renewable diesel and alternative fuels, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13201.
   15.  The second general biofuel producer credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13202.
   16.  The sustainable aviation fuel credit, pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, section 13203.
DIVISION III
EFFECTIVE DATE

    Sec. 4.  EFFECTIVE DATE.  This Act, being deemed of immediate importance, takes effect upon enactment.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to clean energy programs and energy tax programs in the state.
   Division I of the bill relates to clean energy workforce programs. The bill makes an appropriation to the Iowa economic development authority to assess, in consultation with the department of workforce development, community colleges in the state, and representatives of skilled trade apprenticeship programs, the workforce capacity and job training resources necessary to facilitate the success of clean energy programs.
   The bill requires the Iowa economic development authority to submit quarterly reports beginning September 30, 2023, to the governor and members of the general assembly, and submit a final report on June 30, 2024. The report shall include feasibility reports on a state clean energy bank, grid modernization and energy storage, agricultural projects for new farmers, electric vehicle charging infrastructure, and creation of energy programs and policies for future planning, building owners, and energy customers.
   ENERGY TAX CREDIT PROGRAMS. Division II of the bill relates to energy tax credit programs. The bill requires the Iowa economic development authority and Iowa finance authority, in cooperation with other state agencies, local governments, and other stakeholders, to apply for and receive moneys, or assist other state agencies in applying for and receiving moneys available through federal agencies and programs authorized by the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169, or the federal Infrastructure Investment and Jobs Act, Pub. L. No. 117-58. The bill requires the Iowa economic development authority to submit a report by June 30, 2023, to the governor and general assembly regarding any statutory changes and nonfederal financial resources that may be needed to access the available federal funding.
   The bill requires the Iowa economic development authority, in cooperation with the department of revenue, department of management, and other state and local agencies, to promote and provide technical information to potential Iowa beneficiaries of the specified tax credit and energy incentive programs enacted, increased, modified, or extended pursuant to the federal Inflation Reduction Act of 2022, Pub. L. No. 117-169.
   Division III of the bill provides that the bill takes effect upon enactment.