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CT HB05228
Bill
Status
2/20/2020
Primary Sponsor
Energy and Technology Committee
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AI Summary
HB 5228 Summary
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Expands "energy improvements" under Connecticut's commercial clean energy program to include zero-emission vehicle refueling infrastructure and resiliency measures (capacity to withstand natural, technological, and human-caused hazards).
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Exempts zero-emission vehicle refueling infrastructure and resiliency measures from the requirement that energy improvements must have combined projected energy cost savings exceeding improvement costs.
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Permits the Connecticut Green Bank and third-party capital providers to directly assign benefit assessment liens to other entities, allowing assignees to enforce liens through foreclosure and legal proceedings.
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Requires 30-day written notice to existing mortgage holders before any benefit assessment lien is recorded and allows property owners a three-day rescission period after entering financing agreements.
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Effective October 1, 2020.
Legislative Description
An Act Concerning The Commercial Property Assessed Clean Energy Program.
Last Action
Public Hearing 02/27
2/21/2020