Date: 05/06/2014
Final
BILL SUMMARY for SB14-202
HOUSE COMMITTEE ON BUSINESS, LABOR, ECONOMIC, & WORKFORCE DEVELOPMENT
| Votes: View--> | Action Taken: |
| Refer Senate Bill 14-202 to the Committee of the W | PASS |
09:46 AM -- SB14-202
Representative Tyler presented Senate Bill 14-202, concerning modifications to the requirements applicable to the school energy loan program. The bill modifies the Renewable Energy and Energy Efficiency for Schools (REEES) loan program administered by the Colorado Energy Office (CEO). Specifically, for renewable energy projects, the bill increases the availability of funds for applicant school districts by:
∙ allowing school districts to obtain renewable energy through third-party ownership of energy generation facilities or participation in community solar gardens;
∙ expanding project certification requirements to include not only the federal "energy star" certification but also the state standards for energy-efficient school buildings; and
∙ lowering the interest rate of loans to equal, rather than exceed the average book yield earned by the Public School Fund in the previous quarter.
In addition, the amended bill expands the REEES loan program to allow loans for a variety of energy efficiency projects. The bill defines energy efficiency projects as projects that result in more efficient use of energy or resources, including:
∙ installing equipment or infrastructure that help defray energy costs;
∙ improving the energy efficiency of a building by addressing lighting issues, adding insulation, or incorporation of solar thermal technologies;
∙ reducing water usage or consumption; and
∙ improving the energy efficiency of motor vehicle fleets.
 | |
| BILL: | SB14-202 | |
| TIME: | 09:49:32 AM |
| MOVED: | Kraft-Tharp |
| MOTION: | Refer Senate Bill 14-202 to the Committee of the Whole. The motion passed on a vote of 7-4. |
| SECONDED: | Ryden |
| VOTE |
| Exum | Yes |
| Hamner | Yes |
| Holbert | No |
| Navarro | No |
| Nordberg | No |
| Rosenthal | Yes |
| Ryden | Yes |
| Szabo | No |
| Wright | Yes |
| Kraft-Tharp | Yes |
| Williams | Yes |
| | |
Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
09:50 AM
The committee adjourned.