13 | 13 | | A BILL TO BE ENTITLED 1 |
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14 | 14 | | AN ACT TO APPROPRIATE FUNDS FOR CLEAN ENERGY GRANTS. 2 |
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15 | 15 | | The General Assembly of North Carolina enacts: 3 |
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16 | 16 | | SECTION 1.(a) The sum of ten million dollars ($10,000,000) in nonrecurring funds 4 |
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17 | 17 | | for the 2025-2026 fiscal year is appropriated from the General Fund to the Department of 5 |
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18 | 18 | | Commerce to be allocated to the NC Clean Energy Innovation and Research Fund established by 6 |
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19 | 19 | | G.S. 143B-437.105, as enacted by Section 2 of this act, for clean energy innovation and research 7 |
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20 | 20 | | grants. 8 |
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21 | 21 | | SECTION 1.(b) The sum of four million five hundred thousand dollars ($4,500,000) 9 |
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22 | 22 | | in nonrecurring funds for the 2025-2026 fiscal year is appropriated from the General Fund to the 10 |
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23 | 23 | | Department of Commerce for the One North Carolina Fund established in Part 2H of Article 10 11 |
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24 | 24 | | of Chapter 143B of the General Statutes to provide competitive grants in the manner set forth in 12 |
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25 | 25 | | that Part for support of clean energy and energy efficiency innovation, entrepreneurship, and 13 |
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26 | 26 | | small business development in the clean energy sector. 14 |
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27 | 27 | | SECTION 2. Article 10 of Chapter 143B of the General Statutes is amended by 15 |
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28 | 28 | | adding a new Part to read: 16 |
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29 | 29 | | "Part 2L. Clean Energy Innovation and Research Fund. 17 |
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30 | 30 | | "§ 143B-437.105. NC Clean Energy Innovation and Research (CLEIR) Fund and grant 18 |
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31 | 31 | | program. 19 |
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32 | 32 | | (a) Fund. – The NC Clean Energy Innovation and Research Fund is established as a 20 |
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33 | 33 | | special revenue fund in the Department of Commerce, and the Office of Science, Technology 21 |
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34 | 34 | | and Innovation in the Department shall be responsible for administering the Fund. 22 |
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35 | 35 | | (b) Purposes. – Moneys in the NC Clean Energy Innovation and Research Fund shall be 23 |
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36 | 36 | | allocated pursuant to this subsection. The Department of Commerce shall make grants from the 24 |
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37 | 37 | | Fund to private businesses with fewer than 100 employees, nonprofit organizations, local 25 |
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38 | 38 | | governments, and State agencies to encourage the expansion of small to medium size businesses 26 |
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39 | 39 | | with fewer than 100 employees that will help grow a green economy in the State. The NC Clean 27 |
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40 | 40 | | Energy Innovation and Research Fund shall be used for clean energy and energy efficiency 28 |
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41 | 41 | | innovations and research and for the development of small businesses and encouragement of 29 |
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42 | 42 | | entrepreneurship in these areas. 30 |
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43 | 43 | | The priority areas are: 31 |
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44 | 44 | | (1) To encourage the development and deployment of renewable energy and 32 |
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45 | 45 | | energy efficient and environmentally conscious clean technologies and 33 |
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46 | 46 | | products in the State. The Department of Commerce may make grants 34 |
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47 | | - | available to maximize development, production, distribution, retail 35 General Assembly Of North Carolina Session 2025 |
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48 | | - | Page 2 House Bill 792-First Edition |
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49 | | - | infrastructure, deployment, and consumer purchase of such technologies and 1 |
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50 | | - | products in North Carolina, including grants to enhance related workforce 2 |
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51 | | - | development. 3 |
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52 | | - | (2) To encourage the development of the clean energy industry in the State. The 4 |
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53 | | - | Department of Commerce may make grants available to assist in the 5 |
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54 | | - | development and growth of a market for environmentally conscious and 6 |
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55 | | - | energy efficient green building processes. 7 |
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56 | | - | (3) To attract and leverage private-sector investments and entrepreneurial growth 8 |
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57 | | - | in renewable energy and energy efficient and environmentally conscious clean 9 |
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58 | | - | technologies, products, and businesses, including grants to enhance workforce 10 |
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59 | | - | development in such businesses. 11 |
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60 | | - | (c) Cap and Matching Funds. – The Department of Commerce, Office of Science, 12 |
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61 | | - | Technology and Innovation, may set a cap on a grant from the NC Clean Energy Innovation and 13 |
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62 | | - | Research Fund and may require a private business to provide matching funds for a grant from 14 |
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63 | | - | the Fund. 15 |
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64 | | - | (d) Administration and Expenses. – The Department of Commerce may adopt rules 16 |
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65 | | - | providing for the administration of the Fund. Of the funds appropriated to the Fund, the 17 |
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66 | | - | Department may use up to one hundred thousand dollars ($100,000) or five percent (5%) 18 |
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67 | | - | annually, whichever is greater, to administer the Fund." 19 |
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68 | | - | SECTION 3. Funds appropriated by this act that are not spent or encumbered by 20 |
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69 | | - | June 30, 2027, shall revert to the General Fund. 21 |
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70 | | - | SECTION 4. This act becomes effective July 1, 2025. 22 |
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| 47 | + | available to maximize development, production, distribution, retail 35 |
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| 48 | + | infrastructure, deployment, and consumer purchase of such technologies and 36 |
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| 49 | + | H.B. 792 |
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| 50 | + | Apr 7, 2025 |
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| 51 | + | HOUSE PRINCIPAL CLERK General Assembly Of North Carolina Session 2025 |
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| 52 | + | Page 2 DRH10304-MHa-98 |
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| 53 | + | products in North Carolina, including grants to enhance related workforce 1 |
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| 54 | + | development. 2 |
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| 55 | + | (2) To encourage the development of the clean energy industry in the State. The 3 |
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| 56 | + | Department of Commerce may make grants available to assist in the 4 |
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| 57 | + | development and growth of a market for environmentally conscious and 5 |
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| 58 | + | energy efficient green building processes. 6 |
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| 59 | + | (3) To attract and leverage private-sector investments and entrepreneurial growth 7 |
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| 60 | + | in renewable energy and energy efficient and environmentally conscious clean 8 |
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| 61 | + | technologies, products, and businesses, including grants to enhance workforce 9 |
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| 62 | + | development in such businesses. 10 |
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| 63 | + | (c) Cap and Matching Funds. – The Department of Commerce, Office of Science, 11 |
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| 64 | + | Technology and Innovation, may set a cap on a grant from the NC Clean Energy Innovation and 12 |
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| 65 | + | Research Fund and may require a private business to provide matching funds for a grant from 13 |
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| 66 | + | the Fund. 14 |
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| 67 | + | (d) Administration and Expenses. – The Department of Commerce may adopt rules 15 |
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| 68 | + | providing for the administration of the Fund. Of the funds appropriated to the Fund, the 16 |
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| 69 | + | Department may use up to one hundred thousand dollars ($100,000) or five percent (5%) 17 |
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| 70 | + | annually, whichever is greater, to administer the Fund." 18 |
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| 71 | + | SECTION 3. Funds appropriated by this act that are not spent or encumbered by 19 |
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| 72 | + | June 30, 2027, shall revert to the General Fund. 20 |
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| 73 | + | SECTION 4. This act becomes effective July 1, 2025. 21 |
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