S0635B0710A02437 AJB:AAS 09/28/21 #90 A02437
AMENDMENTS TO SENATE BILL NO. 635
Sponsor: SENATOR YUDICHAK
Printer's No. 710
Amend Bill, page 3, line 14, by striking out "health or
performance outcomes" and inserting
the rated performance of indoor air quality
Amend Bill, page 3, line 22, by inserting after "real]"
a
Amend Bill, page 3, line 25, by inserting a bracket before
the comma after "system"
Amend Bill, page 3, line 26, by inserting a bracket after
"usage"
Amend Bill, page 3, lines 26 and 27, by striking out "or
improves the rated performance in indoor air quality "
Amend Bill, page 4, lines 6 through 8, by striking out "Real
property that meets any of the following" in line 6, all of line
7 and "(i)" in line 8
Amend Bill, page 4, lines 12 through 14, by striking out all
of said lines
Amend Bill, page 4, lines 15 through 23, by striking out
"property that is" in line 15 and all of lines 16 through 23 and
inserting
any residential property, except for a commercial,
multifamily rental property or mixed-use property which contains
no less than five residential units.
"Resiliency improvement." Any fixture, product, system,
equipment, device, material or interacting group, thereof
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intended to increase resilience or improve the durability of
qualifying commercial property, needed to withstand natural
disasters, including, but not limited to, flood mitigation, wind
resistance, energy storage and microgrids, as defined by a local
government.
Amend Bill, page 4, line 26, by striking out "4305(b)" and
inserting
4305
Amend Bill, page 5, line 26, by striking out all of said line
and inserting
(a) Requirement.--A program shall require for each proposed
[qualified] clean energy project and water conservation project
a scope of work, energy baseline or water usage baseline and the
projected energy savings or water usage reductions in order to
establish the viability of the qualified project and the
projected energy savings or water usage reductions.
Amend Bill, page 6, line 2, by striking out "and" and
inserting a comma
Amend Bill, page 6, line 2, by inserting after "(b)"
and (c)
Amend Bill, page 6, line 3, by striking out "a subsection"
and inserting
subsections
Amend Bill, page 6, by inserting between lines 20 and 21
(c) Enforcement.--The assessment lien may be enforced by the
municipality or county in the same manner that a property tax
lien against [real] qualifying commercial property may be
enforced by the municipality or county to the extent the
enforcement is consistent with the laws of this Commonwealth.
Amend Bill, page 6, by inserting between lines 26 and 27
(g) Restrictions.--Program funds may not be used directly or
indirectly to construct, renovate or improve a residential
condominium, cooperative unit or any other type of owner-
occupied residential unit. A property financed with an
assessment that, upon conveyance to a third party, is no longer
a qualifying commercial property shall have the assessment
immediately discharged upon conveyance by the payment of
the principal amount financed, accrued interest, other charges
and any prepayment penalty.
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Amend Bill, page 7, line 4, by inserting a bracket before the
period after "assessment"
Amend Bill, page 7, line 4, by inserting after "assessment."
] and the entity providing financing for the qualified
project. The entity providing financing for the qualified
project may require the property owner to escrow or otherwise
provide for the maintenance, repairs and insurance of the
qualified project during the term of the assessment. A
property owner or subsequent purchaser of a qualifying
commercial property with an assessment may prepay the total
assessment amount by paying the principal amount financed,
accrued interest, fees, charges and any prepayment penalties
as specified in the financing agreement and, upon prepayment,
the assessment shall be released.
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