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HB 2119

Modifies provisions of the "Property Assessment Clean Energy Act"

2026 Regular Session Introduced by Bill Owen

HB 2119 modifies Missouri's PACE Act governing property tax-based clean energy financing programs for residential and commercial improvements.

Prefiled (H)
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Bill Summary · HB 2119

Legislative bill overview

HB 2119 modifies Missouri's Property Assessment Clean Energy (PACE) Act, which allows property owners to finance energy efficiency and renewable energy improvements through special assessments on their property tax bills. The bill adjusts existing provisions governing how these financing mechanisms operate, though specific modifications are not detailed in available information.

Why is this important

PACE programs enable property owners to make clean energy upgrades with minimal upfront costs by spreading payments over 15-20 years. Changes to this framework could affect the accessibility and affordability of energy improvements for Missouri homeowners and businesses, potentially influencing both environmental outcomes and consumer financing options.

Potential points of contention

  • Consumer protection standards – Unclear whether modifications strengthen or weaken borrower safeguards, disclosure requirements, or debt obligations
  • Program accessibility – Changes could expand or restrict eligibility, affecting which property types and owners can participate
  • Debt and foreclosure risk – Modifications may impact how PACE liens interact with mortgage obligations and property seizure procedures, a historically contentious PACE issue

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

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