SENATE BILL NO. 1353
November 5, 1998, Introduced by Senator DE BEAUSSAERT and referred to the Committee on Technology and Energy. A bill to establish an energy efficiency loan program; and to prescribe the powers and duties of certain state agencies and officials. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 1. This act shall be known and may be cited as the 2 "public building energy efficiency act". 3 Sec. 2. As used in this act: 4 (a) "Authority" means the Michigan municipal bond authority 5 created in section 4 of the shared credit rating act, 1985 6 PA 227, MCL 141.1054. 7 (b) "Department" means the department of consumer and indus- 8 try services. 9 (c) "Energy audit" means a study to examine how energy in a 10 building or group of buildings is being used to identify if 11 improvements can be made or other procedures implemented that 05716'98 JCB 2 1 will provide energy cost savings sufficient to pay for the 2 improvements in less than 6 years. 3 (d) "Fund" means the energy efficiency revolving loan fund 4 established pursuant to section 16c of the shared credit rating 5 act, 1985 PA 227, MCL 141.1066c. 6 (e) "Loan" means an energy efficiency loan under this act. 7 (f) "Local unit of government" means a county, township, 8 city, village, school district, or state college or university, 9 or any other political subdivision of the state. 10 Sec. 3. The department shall establish an energy efficiency 11 loan program. The loan program shall provide low-interest loans, 12 with money in the fund, to local units of government to conduct 13 energy audits. 14 Sec. 4. A local unit of government that wishes to apply for 15 a loan shall submit an application to the department on a form 16 prescribed by the department that contains the information 17 required by the department. 18 Sec. 5. In conjunction with the authority, the department 19 shall review applications submitted under section 4 and shall 20 approve loans based on the order in which the application was 21 submitted. The authority shall enter into an agreement with loan 22 recipients approved by the department. The agreement shall con- 23 tain repayment provisions and other terms as required by the 24 authority. 25 Sec. 6. The department may promulgate rules pursuant to the 26 administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 05716'98 3 1 24.328, as the department considers necessary to implement this 2 act. 3 Enacting section 1. This act shall not take effect unless 4 Senate Bill No. 1354 5 of the 89th Legislature is enacted into law. 05716'98 Final page. JCB