2011 Session

Budget Amendments - HB1500 (Conference Report)

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Energy Efficiency Projects (language only)

Item 4-4.01 #1c

Item 4-4.01 #1c

Capital Projects

Page 490, line 17, after "expenses." insert:
"Notwithstanding the above, if energy savings from a performance project offset the debt service, interest payments, and the cost of the project, the project shall not be subject to the capital budgeting process and total project cost shall not exceed $7,000,000."

(This amendment increases the cap on energy conservation projects that are exempt from the capital budgeting process from $3.0 million to $7.0 million, under specified circumstances.)