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MN HF3966

Bill

Status

Introduced

3/19/2018

Primary Sponsor

Frank Hornstein

Click for details

Origin

House of Representatives

90th Legislature 2017-2018

AI Summary

  • Expands eligible purposes for energy conservation rehabilitation loans to include central air conditioner repair, maintenance, or replacement and air source or geothermal heat pump repair, maintenance, or replacement.

  • Authorizes loans for installation of on-site solar energy or energy storage systems in addition to traditional energy conservation measures.

  • Maintains requirement that loans be made only when private financing is not otherwise available on equivalent terms and conditions.

  • Allows loans to be integrated with utility on-bill repayment programs approved under section 216B.241, subdivision 5d.

  • Removes income limitations for borrowers seeking energy conservation loans for existing housing.

Legislative Description

Energy conservation loan purposes expanded.

Last Action

Author added Maye Quade

3/26/2018

Committee Referrals

Job Growth and Energy Affordability Policy and Finance3/19/2018

Full Bill Text

No bill text available