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MO HB2556
Bill
Status
2/16/2016
Primary Sponsor
Tony Dugger
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AI Summary
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Extends the maximum assessment contract period from 20 years to 25 years for property owners financing energy efficiency or renewable energy improvements through clean energy development boards
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Adds "facilities providing for water conservation or pollutant control" to the list of qualifying energy efficiency improvements eligible for PACE financing
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Allows clean energy development boards to collect special assessments directly or through the county collector, rather than requiring county collector involvement
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Changes when special assessments become a lien on property from when they become "due" to when they become "delinquent"
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Extends the maximum term for bonds issued for clean energy conduit financing from 20 years to 25 years
Legislative Description
Changes the laws regarding the Property Assessment Clean Energy Act
Last Action
Public Hearing Scheduled, Bill not Heard (H)
2/29/2016