The Energy Efficiency Financing Debt Cap Temporary Amendment Act of 2026 amends the Energy Efficiency Financing Act of 2010 by removing the existing limitation on the principal amount of bonds that the District of Columbia may issue. Specifically, the bill deletes the phrase "of bonds in an aggregate principal amount not to exceed $250 million" and replaces it with "of bonds," thereby allowing for greater flexibility in bond issuance for energy efficiency financing.
This temporary amendment will take effect upon approval by the Mayor and a subsequent 30-day congressional review period. The act is designed to expire 225 days after it takes effect, providing a limited timeframe for the increased bond issuance capacity. The Council has adopted the fiscal impact statement from the Budget Director as part of the legislative process.