1 | 1 | | 81R25369 KFF-D |
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2 | 2 | | By: Rodriguez, Gallego, Harless, et al. H.B. No. 4261 |
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3 | 3 | | Substitute the following for H.B. No. 4261: |
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4 | 4 | | By: Solomons C.S.H.B. No. 4261 |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to establishing a no-interest loan program to promote the |
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10 | 10 | | use of energy efficiency measures and renewable energy technology |
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11 | 11 | | in certain residential dwellings, commercial buildings, and places |
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12 | 12 | | of worship. |
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13 | 13 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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14 | 14 | | SECTION 1. Chapter 447, Government Code, is amended by |
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15 | 15 | | adding Section 447.014 to read as follows: |
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16 | 16 | | Sec. 447.014. LOAN PROGRAM TO PROMOTE USE OF ENERGY |
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17 | 17 | | EFFICIENCY MEASURES AND RENEWABLE ENERGY TECHNOLOGY. (a) In this |
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18 | 18 | | section: |
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19 | 19 | | (1) "Energy efficiency" means a measure that is aimed |
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20 | 20 | | at reducing the rate at which energy is used by equipment or |
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21 | 21 | | processes and may be achieved by: |
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22 | 22 | | (A) substituting more advanced equipment to |
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23 | 23 | | produce the same or a higher level of end-use services with less |
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24 | 24 | | energy; |
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25 | 25 | | (B) adopting technology and processes that |
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26 | 26 | | reduce heat or other energy losses; |
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27 | 27 | | (C) installing materials, including |
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28 | 28 | | weatherization materials, or equipment that reduces or facilitates |
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29 | 29 | | a reduction in heat or other energy loss; or |
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30 | 30 | | (D) reorganizing processes to make use of waste |
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31 | 31 | | heat. |
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32 | 32 | | (2) "Lending institution" means a financial |
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33 | 33 | | institution that: |
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34 | 34 | | (A) customarily provides services or assistance |
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35 | 35 | | in the financing of residential mortgage loans; or |
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36 | 36 | | (B) makes commercial loans. |
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37 | 37 | | (3) "Program" means the loan program to promote energy |
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38 | 38 | | efficiency measures and renewable energy technology established by |
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39 | 39 | | this section. |
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40 | 40 | | (4) "Renewable energy technology" has the meaning |
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41 | 41 | | assigned by Section 39.904(d), Utilities Code. |
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42 | 42 | | (5) "Small business" has the meaning assigned by |
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43 | 43 | | Section 481.191. |
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44 | 44 | | (b) Subject to the availability of funds under the American |
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45 | 45 | | Recovery and Reinvestment Act of 2009 (Pub. L. No. 111-5), or other |
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46 | 46 | | legislative appropriation, the State Energy Conservation Office |
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47 | 47 | | shall establish and administer a revolving loan program to make |
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48 | 48 | | no-interest loans to individuals, places of worship, and small |
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49 | 49 | | businesses to promote the use of energy efficiency measures and |
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50 | 50 | | renewable energy technology in the: |
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51 | 51 | | (1) residential dwellings owned by the individuals; |
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52 | 52 | | and |
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53 | 53 | | (2) buildings owned or operated by the places of |
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54 | 54 | | worship or small businesses. |
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55 | 55 | | (c) The State Energy Conservation Office shall ensure that |
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56 | 56 | | the program is designed and administered in accordance with the |
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57 | 57 | | applicable provisions of the American Recovery and Reinvestment Act |
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58 | 58 | | of 2009 (Pub. L. No. 111-5) and any other applicable federal law. |
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59 | 59 | | (d) A loan made under the program: |
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60 | 60 | | (1) may not have a term that exceeds the earlier of: |
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61 | 61 | | (A) 20 years after the date the energy efficiency |
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62 | 62 | | measure or renewable energy technology is installed; or |
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63 | 63 | | (B) the average useful life of the energy |
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64 | 64 | | efficiency measure or renewable energy technology to be implemented |
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65 | 65 | | by the loan recipient; |
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66 | 66 | | (2) may be secured by a lien on the real property; |
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67 | 67 | | (3) may be made with respect to a new or existing |
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68 | 68 | | structure; and |
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69 | 69 | | (4) may not be made to fund a renewable energy |
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70 | 70 | | technology that has an electric generating capacity of: |
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71 | 71 | | (A) more than 10 kilowatts if the loan is related |
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72 | 72 | | to a residential dwelling; and |
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73 | 73 | | (B) more than 30 kilowatts if the loan is related |
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74 | 74 | | to a building owned or operated by a place of worship or small |
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75 | 75 | | business. |
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76 | 76 | | (e) To be eligible to receive a loan under the program, a |
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77 | 77 | | person must: |
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78 | 78 | | (1) apply to the State Energy Conservation Office on a |
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79 | 79 | | form prescribed by the office; and |
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80 | 80 | | (2) meet any additional eligibility requirements |
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81 | 81 | | established by rule by the office. |
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82 | 82 | | (f) The State Energy Conservation Office may: |
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83 | 83 | | (1) contract with one or more lending institutions to |
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84 | 84 | | assist the office with qualifying applicants and servicing loans |
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85 | 85 | | under the program; and |
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86 | 86 | | (2) charge applicants a reasonable fee in an amount |
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87 | 87 | | necessary to recover the costs associated with processing |
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88 | 88 | | applications, qualifying applicants, and servicing loans under the |
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89 | 89 | | program. |
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90 | 90 | | (g) The State Energy Conservation Office shall adopt rules |
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91 | 91 | | as necessary to implement this section, including rules regarding: |
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92 | 92 | | (1) the types of renewable energy technologies or |
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93 | 93 | | energy efficiency measures that are eligible for loan funding under |
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94 | 94 | | the program; |
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95 | 95 | | (2) the maximum amount of any loan made under the |
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96 | 96 | | program; |
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97 | 97 | | (3) the manner in which loans are to be repaid to the |
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98 | 98 | | office; |
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99 | 99 | | (4) the terms that are required to be included in a |
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100 | 100 | | contract entered into under Subsection (f)(1), including the fees |
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101 | 101 | | payable to and duties imposed on a lending institution under the |
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102 | 102 | | contract; |
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103 | 103 | | (5) the types of energy efficiency measures or |
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104 | 104 | | renewable energy technologies that will require a loan applicant to |
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105 | 105 | | undergo an energy efficiency audit or other energy assessment |
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106 | 106 | | before the making of a loan under the program; and |
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107 | 107 | | (6) the creation of a registry of providers that: |
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108 | 108 | | (A) lists providers who are eligible to provide |
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109 | 109 | | installation services under the loan program; and |
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110 | 110 | | (B) is routinely reviewed and updated by the |
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111 | 111 | | office to assess provider performance and customer satisfaction and |
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112 | 112 | | to ensure that providers meet required standards. |
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113 | 113 | | (h) To be eligible to provide installation services under |
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114 | 114 | | the loan program, a provider must meet standards established by the |
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115 | 115 | | State Energy Conservation Office that may be based on the types of |
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116 | 116 | | certification held by the provider. |
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117 | 117 | | (i) The State Energy Conservation Office shall retain |
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118 | 118 | | outside of the state treasury and use the proceeds of loan payments |
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119 | 119 | | received under the program to administer and make loans under the |
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120 | 120 | | program without the necessity of a legislative appropriation. |
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121 | 121 | | (j) Not later than January 1 of each year, the State Energy |
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122 | 122 | | Conservation Office shall submit a report to the legislature that |
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123 | 123 | | includes: |
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124 | 124 | | (1) a brief description of: |
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125 | 125 | | (A) the implementation and status of the program; |
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126 | 126 | | (B) the energy efficiency measures or renewable |
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127 | 127 | | energy technologies financed under the program; and |
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128 | 128 | | (C) the energy saved and clean energy produced as |
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129 | 129 | | a result of implementing energy efficiency measures or renewable |
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130 | 130 | | energy technologies financed under the program; and |
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131 | 131 | | (2) any additional information the office determines |
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132 | 132 | | necessary. |
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133 | 133 | | (k) For purposes of preparing the report described by |
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134 | 134 | | Subsection (j) or for purposes of meeting any federal reporting |
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135 | 135 | | requirement, the State Energy Conservation Office shall monitor a |
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136 | 136 | | statistically relevant percentage of residential dwellings or |
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137 | 137 | | buildings for which a loan is made under the program using a device |
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138 | 138 | | that is installed on the structure and that transmits, in real time, |
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139 | 139 | | energy consumption and production data into a centralized database |
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140 | 140 | | to be accessed: |
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141 | 141 | | (1) by the office; and |
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142 | 142 | | (2) in a more limited and relevant format over an |
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143 | 143 | | Internet website, by applicable loan recipients. |
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144 | 144 | | SECTION 2. Subject to Section 447.014(b), Government Code, |
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145 | 145 | | as added by this Act, the State Energy Conservation Office shall |
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146 | 146 | | establish the loan program to promote energy efficiency measures |
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147 | 147 | | and renewable energy technology under Section 447.014, Government |
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148 | 148 | | Code, as added by this Act, not later than December 1, 2009. |
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149 | 149 | | SECTION 3. This Act takes effect immediately if it receives |
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150 | 150 | | a vote of two-thirds of all the members elected to each house, as |
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151 | 151 | | provided by Section 39, Article III, Texas Constitution. If this |
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152 | 152 | | Act does not receive the vote necessary for immediate effect, this |
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153 | 153 | | Act takes effect September 1, 2009. |
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