Pennsylvania House Bill HB1474

Pennsylvania 2023-2024 Regular Session

• Introduced: 6/21/23
• Refer: 6/21/23
• Refer: 10/18/23
• Report Pass: 10/30/23
• Engrossed: 10/30/23
• Refer: 11/15/23

Caption

In Property Assessed Clean Energy Program, further providing for purpose, for definitions and for scope of work and providing for Made in America requirements.

Impact

The specific provisions of HB1474 mandate that electric vehicle charging projects qualify for funding only if the equipment used is predominantly produced or manufactured in the United States, aligning with the broader national discussions on supporting domestic manufacturing. This 'Made in America' stipulation could incentivize local job creation while contributing to environmental goals. Additionally, municipalities and counties will be required to notify the Department of Revenue upon completion of any eligible projects, creating a structured process for financial accountability and ensuring tax compliance.

Summary

House Bill 1474 seeks to amend the Pennsylvania Consolidated Statutes to establish a Property Assessed Clean Energy (PACE) program. The bill aims to provide owners of agricultural, commercial, and industrial properties with access to low-cost, long-term financing for projects focused on energy efficiency, electric vehicle charging infrastructure, indoor air quality improvements, water conservation, and renewable energy initiatives. By facilitating these projects, HB1474 aims to promote sustainability and economic growth within the state.

Sentiment

General sentiment surrounding HB1474 appears to be supportive, particularly among environmental advocates and those invested in renewable energy technologies. Proponents emphasize the necessity of modernizing infrastructure to support the growing electric vehicle market and to meet climate commitments. On the other hand, some concerns have been articulated regarding the feasibility of sourcing equipment domestically, which may limit project implementation timelines and available choices for municipalities.

Contention

Notable points of contention stem from the added requirements for sourcing materials, which some critics argue could slow down the pace at which projects are initiated due to potential supply chain constraints. Furthermore, as local governments implement financing for clean energy projects, there may be debates regarding the adequacy of available funds and the bureaucratic processes involved. Discussions during legislative sessions reflect a tension between ideal environmental goals and practical economic considerations.