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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| SENATE BILL |
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| INTRODUCED BY FARNESE, TARTAGLIONE, FONTANA, COSTA, SCHWANK AND LEACH, JUNE 3, 2011 |
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| REFERRED TO ENVIRONMENTAL RESOURCES AND ENERGY, JUNE 3, 2011 |
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| AN ACT |
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1 | Amending the act of July 9, 2008 (1st Sp.Sess., P.L.1873, No.1), |
2 | entitled "An act providing for alternative sources of energy; |
3 | establishing the Alternative Energy Development Program, the |
4 | Consumer Energy Program, the Home Energy Efficiency Loan |
5 | Program, the Home Energy Efficiency Loan Fund and the |
6 | Alternative Energy Production Tax Credit Program; and |
7 | providing for the powers and duties of the Department of |
8 | Environmental Protection," further providing for definitions |
9 | and for the Commonwealth Financing Authority. |
10 | The General Assembly of the Commonwealth of Pennsylvania |
11 | hereby enacts as follows: |
12 | Section 1. The definitions of "alternative energy production |
13 | project" and "clean energy project" in section 102 of act of |
14 | July 9, 2008 (1st Sp.Sess., P.L.1873, No.1), known as the |
15 | Alternative Energy Investment Act, are amended to read: |
16 | Section 102. Definitions. |
17 | The following words and phrases when used in this act shall |
18 | have the meanings given to them in this section unless the |
19 | context clearly indicates otherwise: |
20 | "Alternative energy production project." The development or |
21 | construction of the following: |
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1 | (1) A facility that utilizes waste coal, alternative |
2 | fuels, biomass, solar energy, wind energy, geothermal |
3 | technologies, clean coal technologies, waste energy |
4 | technologies or other alternative energy sources as defined |
5 | in the act of November 30, 2004 (P.L.1672, No.213), known as |
6 | the Alternative Energy Portfolio Standards Act, to produce or |
7 | distribute alternative energy. |
8 | (2) A facility that manufactures or produces products, |
9 | including component parts, that provide alternative energy or |
10 | alternative fuels, improve energy efficiency or conserve |
11 | energy. |
12 | (3) A facility used for the research and development of |
13 | technology to provide alternative energy sources or |
14 | alternative fuels. |
15 | (4) A project for the development or enhancement of rail |
16 | transportation systems that deliver alternative fuels or |
17 | high-efficiency locomotives. |
18 | (5) A facility that manufactures or develops products or |
19 | materials used in solar, energy efficient lighting and |
20 | displays or batteries. |
21 | * * * |
22 | "Clean energy project." A project which does any of the |
23 | following: |
24 | (1) Replaces or supplements an existing energy system |
25 | that utilizes nonrenewable energy with an energy system that |
26 | utilizes alternative energy. |
27 | (2) Facilitates the installation of an alternative |
28 | energy system in an existing building or in new construction |
29 | or a major renovation of a building. |
30 | (3) Facilitates the construction of a new high |
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1 | performance building, the retrofit of an existing building to |
2 | meet high performance building standards or the preparation |
3 | of a site for high performance building development, |
4 | including equipment acquisition, construction, infrastructure |
5 | and site preparation. |
6 | (4) Installs equipment to facilitate or improve energy |
7 | conservation or energy efficiency, including heating and |
8 | cooling equipment and solar thermal equipment. |
9 | (5) An energy service project. |
10 | (6) Facilitates the development or commercialization of |
11 | materials for use in solar, energy efficient lighting and |
12 | displays or batteries. |
13 | (7) Facilitates the purchase and installation of |
14 | equipment used for the development, testing or manufacturing |
15 | of products or materials used in solar, energy efficient |
16 | lighting or batteries. |
17 | * * * |
18 | Section 2. Section 307 of the act is amended by adding |
19 | subsections to read: |
20 | Section 307. Commonwealth Financing Authority. |
21 | * * * |
22 | (g.1) Grant requirements.--Notwithstanding any other |
23 | provision of law or this act, grants awarded by the authority |
24 | under subsection (a)(1)(iii) and (iv) shall be subject to the |
25 | following: |
26 | (1) The maximum amount of the grant shall not exceed |
27 | $100,000 for every job projected to be created or retained by |
28 | the business within three years after the approval of the |
29 | grant. If the business fails to create or retain the |
30 | projected number of jobs, the authority may require the |
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1 | repayment of a portion of the grant based on the number of |
2 | jobs actually created. |
3 | (2) The authority may waive the job creation |
4 | requirements under paragraph (1) if the authority determines |
5 | that investing in the capital equipment needs of the business |
6 | will allow the business to further its development and |
7 | manufacturing capabilities and where the investment in |
8 | capital equipment is reasonably expected to lead to long‑term |
9 | job creation and retention. |
10 | (g.2) Matching funds for projects.--The authority may |
11 | require applicants to make an investment in the proposed project |
12 | in order to receive a loan or grant under subsection (a). The |
13 | amount of the matching investment shall be 50¢ for every $1 of |
14 | funds awarded by the authority. Nothing under this section shall |
15 | be construed as prohibiting the authority from imposing a |
16 | matching funds requirement for any other program created under |
17 | this section. |
18 | * * * |
19 | Section 3. This act shall take effect in 60 days. |
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