Bill
H 3812
Overview: H 3812, titled "Commercial Property Assessed Clean Energy Programs (C-PACE)", was introduced on February 27, 2025. The bill's status includes a member request to add thei
Overview: H 3812, titled "Commercial Property Assessed Clean Energy Programs (C-PACE)", was introduced on February 27, 2025. The bill's status includes a member request to add their name as a sponsor.
Purpose and Intent: The main goal of H 3812 is to establish a statewide Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE allows commercial property owners to finance energy efficiency, renewable energy, and water conservation improvements through voluntary assessments on their property tax bills. The legislative intent is to promote investment in clean energy and sustainability for commercial buildings.
Key Provisions:
- Creates a statewide C-PACE program administered by the state energy office
- Authorizes local governments to participate in the C-PACE program and establish assessment districts
- Allows commercial property owners to access C-PACE financing for eligible improvement projects
- Provides guidelines for C-PACE program requirements, financing terms, and consumer protections
Affected Parties and Impacts:
- Commercial property owners would have access to C-PACE financing for energy upgrades
- Local governments could choose to participate in the statewide C-PACE program
- The state energy office would oversee and administer the C-PACE program
- Businesses and building occupants could benefit from reduced energy costs and improved sustainability
Procedural and Timeline Considerations:
The bill's status indicates that a member has requested to be added as a sponsor, but no further details on its legislative progress are provided.
Compiled from official sources — confirm details with the bill’s official record.
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