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2020 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Sullivan
Public Power Renewable Grant Program

Item 125 #4h

Item 125 #4h

First Year - FY2021 Second Year - FY2022
Commerce and Trade
Department of Mines, Minerals and Energy FY2021 $12,500,000 FY2022 $12,500,000 GF

Language
Page 104, line 18, strike "$13,576,551" and insert "$26,076,551".
Page 104, line 18, strike "$3,576,551" and insert "$16,076,551".

Page 104, after line 38, insert:

"D. Out of this appropriation, $12,500,000 the first year and $12,500,000 the second year from the general fund is provided to establish a grant program established by the Clean Energy Advisory Board through regulation. Such program shall be designated the "Public Power Renewable Grant Program" and dedicated to grants to residential customers, with preference given towards low- and middle-income residential customers, or municipal and cooperative electric utilities in the Commonwealth."



Explanation

(This amendment provides $12.5 million from the general fund each year to establish the Public Power Renewable Grant Program.)