AN ACT

 

1Amending the act of July 9, 2008 (1st Sp.Sess., P.L.1873, No.1),
2entitled "An act providing for alternative sources of energy;
3establishing the Alternative Energy Development Program, the
4Consumer Energy Program, the Home Energy Efficiency Loan
5Program, the Home Energy Efficiency Loan Fund and the
6Alternative Energy Production Tax Credit Program; and
7providing for the powers and duties of the Department of
8Environmental Protection," further providing for Commonwealth
9Financing Authority.

10The General Assembly of the Commonwealth of Pennsylvania
11hereby enacts as follows:

<-12Section 1. Section 307 of the act of July 9, 2008 (1st
13Sp.Sess., P.L.1873, No.1), known as the Alternative Energy
14Investment Act, is amended by adding a subsection to read:

<-15Section 1. Section 307(c)(1) of the act of July 9, 2008 (1st
16Sp.Sess., P.L.1873, No.1), known as the Alternative Energy
17Investment Act, is amended and the section is amended by adding
18a subsection to read:

19Section 307. Commonwealth Financing Authority.

20* * *

<-1(c) High performance buildings.--

2(1) The sum of [$25,000,000] $10,000,000 shall be
3allocated by the authority for loans or grants to one of the
4following to meet energy efficient standards under paragraph
5(2):

6(i) A small business for the construction or
7renovation of a building for the use of the small
8business.

9(ii) An individual for the construction or
10renovation of a dwelling if the individual does or will
11occupy the dwelling as his primary residence.

12* * *

13(c.1) Natural gas access.--

14(1) The sum of $15,000,000 shall be allocated by the
15authority for grants to schools, hospitals and small
16businesses to obtain access to natural gas.

17(2) The authority shall give priority to applications
18that will result in adjoining commercial or residential
19properties utilizing natural gas.

20(3) Grants may provide for up to 50% of the cost of the
21project.

22* * *

23Section 2. This act shall take effect in 60 days.