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CO SB212
Bill
AI Summary
Senate Bill 13-212: New Energy Jobs Act of 2013
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Expands Colorado New Energy Improvement District financing to include commercial buildings, not just residential properties with fewer than five dwelling units.
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Allows district to facilitate private third-party financing for new energy improvements in addition to district bond issuance.
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Requires written mortgage holder consent before district special assessment liens can have priority over preexisting mortgages on eligible properties.
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Adds electric vehicle charging equipment and fuel cells to list of eligible energy efficiency and renewable energy improvements.
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Restructures district board from nine to seven members and removes automatic repeal of district statute scheduled for January 1, 2016.
Legislative Description
Energy District Private Financing Commercial
Last Action
Governor Action - Signed
5/28/2013