MO HB2178

Establishes the "Property Assessment Clean Energy Act" allowing one or more municipalities to form clean energy development boards to finance energy efficiency and renewable energy improvements through special assessments on property.

Clean energy development boards can enter into assessment contracts with property owners for up to 20 years to finance projects like insulation, windows, HVAC systems, lighting upgrades, solar panels, wind systems, and geothermal systems.

Property owners agree to pay annual special assessments (property tax-like payments) that are collected by county collectors and used to repay bonds issued by the clean energy development boards for project financing.

Requires clean energy development boards to make findings that projects have sufficient resources for completion and that estimated economic benefits equal or exceed project costs before financing.

Directs the State Environmental Improvement and Energy Resources Authority to establish a "Property Assessed Clean Energy Local Finance Fund" to provide loans to clean energy development boards for establishing and operating property assessed clean energy programs.