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A 6318

Extends the time period for recovery of energy performance contract costs incurred by school districts

2025 Regular Session Introduced by Bill Conrad and 9 co-sponsors

Extends the window for school districts to recover costs from energy performance contracts, allowing longer financing and debt planning for EPC projects in public schools.

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Bill Summary · A 6318

Summary of Assembly Bill A 6318

Overview

  • Bill Number: A 6318
  • Title: Extends the time period for recovery of energy performance contract costs incurred by school districts
  • Status: Referred to Education
  • Introduced: March 4, 2025
  • Classification: bill

This bill aims to modify how long school districts may recover costs associated with energy performance contracts (EPCs). EPCs are agreements in which an energy service company implements efficiency improvements and the costs are recovered over time through realized energy savings or financed arrangements.

What the bill would change

  • Main change: Extends the time period during which school districts can recover costs incurred under energy performance contracts.
  • The text provided does not specify the exact extension length (e.g., number of years); the core change is to lengthen the recovery window beyond the current statutory period.

Who is affected

  • Primary beneficiaries/affected entities: Public school districts that undertake energy performance contracts to improve energy efficiency and reduce operating costs.
  • Contractors and service providers: Energy service companies and other vendors involved in EPC projects could be affected by longer recoverability periods.
  • Taxpayers and districts’ budgeting units: Impacts on debt service planning, budgeting cycles, and long-term financial commitments.

Procedural and timeline context

  • Current status: Referred to the Assembly Committee on Education. No further action details are provided in the summary.
  • Legislative actions noted:
    • 2025-03-04: Referred to Education (listed twice in the provided actions)
  • Related/companion legislation:
    • Assembly: A 7771, A 3446, A 6577 (prior-session bills)
    • Senate: S 1986 (companion; listed twice)
  • The presence of related bills and a Senate companion suggests ongoing interest in EPC recovery terms across sessions and chambers.

Sponsors

  • Primary sponsor: Judy Griffin
  • Cosponsors: Rebecca Kassay, William Conrad

Potential impact and considerations

  • Fiscal/operational impact: Extending the recovery period could affect district debt planning, cash flow, and long-term budgeting. It may enable more EPC projects by offering a longer framework to recoup costs, potentially enhancing energy efficiency investments in schools.
  • Policy considerations: The bill aligns with broader goals of energy efficiency in public facilities, but lawmakers may assess whether the extended recovery period affects long-term liabilities or savings realization.
  • Administrative considerations: Implementation would require clear guidance on how the extended period interacts with existing financing, accounting standards, and any statutory caps or limitations.

Next steps

  • Monitor passage through the Education Committee and potential floor votes in the Assembly, followed by consideration in the Senate (and possible governor action).
  • Review the companion Senate bill S 1986 and related prior-session bills for alignment or changes.

Compiled from official sources — confirm details with the bill’s official record.

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