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2015 House Bill 4990: Expand local government energy efficiency financing schemes

Public Act 119 of 2016

Introduced by Rep. Al Pscholka R-Stevensville on October 15, 2015
To expand the things cities can spend money on under a scheme that lets them contract with vendors for energy efficiency projects on facilities and pay for these with money the projects are supposed to save (or from regular tax revenue if savings don’t appear). The bill would allow vendor installment contract durations of up to 20 years, allow locals to spend on information technology and utility projects they assert are related to the energy saving scheme, expand the types of deals they can make with vendors to include “lease-purchase” agreements.   Official Text and Analysis.
Referred to the House Local Government and Municipal Finance Committee on October 15, 2015
Reported in the House on November 5, 2015
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
To expand the things cities can spend money on under a scheme that lets them contract with vendors for energy efficiency projects on their facilities and pay for these with money the projects are supposed to save (or from regular tax revenue if savings don’t appear). The bill would allow vendor installment contract durations of up to 20 years, allow locals to spend on information technology and utility projects they assert are related to the energy saving scheme, expand the types of deals they can make with vendors to include “lease-purchase” agreements described in the bill.
Received in the Senate on December 9, 2015
Referred to the Senate Local Government & Elections Committee on December 9, 2015
Reported in the Senate on April 20, 2016
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Received in the House on May 3, 2016
To concur with the Senate-passed version of the bill.
Signed by Gov. Rick Snyder on May 19, 2016