PRINTER'S NO.  1264

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

SENATE BILL

 

No.

698

Session of

2011

  

  

INTRODUCED BY FARNESE, TARTAGLIONE, FONTANA, COSTA, SCHWANK AND LEACH, JUNE 3, 2011

  

  

REFERRED TO ENVIRONMENTAL RESOURCES AND ENERGY, JUNE 3, 2011  

  

  

  

AN ACT

  

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Amending the act of July 9, 2008 (1st Sp.Sess., P.L.1873, No.1),

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entitled "An act providing for alternative sources of energy;

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establishing the Alternative Energy Development Program, the

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Consumer Energy Program, the Home Energy Efficiency Loan

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Program, the Home Energy Efficiency Loan Fund and the

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Alternative Energy Production Tax Credit Program; and

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providing for the powers and duties of the Department of

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Environmental Protection," further providing for definitions

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and for the Commonwealth Financing Authority.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  The definitions of "alternative energy production

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project" and "clean energy project" in section 102 of act of

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July 9, 2008 (1st Sp.Sess., P.L.1873, No.1), known as the

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Alternative Energy Investment Act, are amended to read:

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Section 102.  Definitions.

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The following words and phrases when used in this act shall

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have the meanings given to them in this section unless the

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context clearly indicates otherwise:

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"Alternative energy production project."  The development or

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construction of the following:

 


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(1)  A facility that utilizes waste coal, alternative

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fuels, biomass, solar energy, wind energy, geothermal

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technologies, clean coal technologies, waste energy

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technologies or other alternative energy sources as defined

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in the act of November 30, 2004 (P.L.1672, No.213), known as

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the Alternative Energy Portfolio Standards Act, to produce or

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distribute alternative energy.

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(2)  A facility that manufactures or produces products,

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including component parts, that provide alternative energy or

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alternative fuels, improve energy efficiency or conserve

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energy.

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(3)  A facility used for the research and development of

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technology to provide alternative energy sources or

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alternative fuels.

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(4)  A project for the development or enhancement of rail

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transportation systems that deliver alternative fuels or

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high-efficiency locomotives.

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(5)  A facility that manufactures or develops products or

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materials used in solar, energy efficient lighting and

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displays or batteries.

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* * *

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"Clean energy project."  A project which does any of the

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following:

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(1)  Replaces or supplements an existing energy system

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that utilizes nonrenewable energy with an energy system that

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utilizes alternative energy.

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(2)  Facilitates the installation of an alternative

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energy system in an existing building or in new construction

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or a major renovation of a building.

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(3)  Facilitates the construction of a new high

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performance building, the retrofit of an existing building to

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meet high performance building standards or the preparation

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of a site for high performance building development,

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including equipment acquisition, construction, infrastructure

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and site preparation.

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(4)  Installs equipment to facilitate or improve energy

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conservation or energy efficiency, including heating and

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cooling equipment and solar thermal equipment.

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(5)  An energy service project.

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(6)  Facilitates the development or commercialization of

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materials for use in solar, energy efficient lighting and

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displays or batteries.

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(7)  Facilitates the purchase and installation of

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equipment used for the development, testing or manufacturing

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of products or materials used in solar, energy efficient

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lighting or batteries.

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* * *

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Section 2.  Section 307 of the act is amended by adding

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subsections to read:

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Section 307.  Commonwealth Financing Authority.

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* * *

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(g.1)  Grant requirements.--Notwithstanding any other

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provision of law or this act, grants awarded by the authority

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under subsection (a)(1)(iii) and (iv) shall be subject to the

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following:

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(1)  The maximum amount of the grant shall not exceed

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$100,000 for every job projected to be created or retained by

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the business within three years after the approval of the

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grant. If the business fails to create or retain the

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projected number of jobs, the authority may require the

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repayment of a portion of the grant based on the number of

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jobs actually created.

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(2)  The authority may waive the job creation

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requirements under paragraph (1) if the authority determines

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that investing in the capital equipment needs of the business

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will allow the business to further its development and

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manufacturing capabilities and where the investment in

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capital equipment is reasonably expected to lead to long‑term

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job creation and retention.

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(g.2)  Matching funds for projects.--The authority may

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require applicants to make an investment in the proposed project

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in order to receive a loan or grant under subsection (a). The

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amount of the matching investment shall be 50¢ for every $1 of

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funds awarded by the authority. Nothing under this section shall

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be construed as prohibiting the authority from imposing a

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matching funds requirement for any other program created under

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this section.

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* * *

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Section 3.  This act shall take effect in 60 days.

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