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MO HB2556

Bill

Status

Introduced

2/16/2016

Primary Sponsor

Tony Dugger

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • 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

  • Adds "facilities providing for water conservation or pollutant control" to the list of qualifying energy efficiency improvements eligible for PACE financing

  • Allows clean energy development boards to collect special assessments directly or through the county collector, rather than requiring county collector involvement

  • Changes when special assessments become a lien on property from when they become "due" to when they become "delinquent"

  • 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

Committee Referrals

Banking2/24/2016

Full Bill Text

No bill text available