The Energy Efficiency Financing Debt Cap Emergency Amendment Act of 2025 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 the issuance of bonds without a specified cap.
This emergency legislation is intended to provide the District with greater flexibility in financing energy efficiency projects. The act will take effect upon approval by the Mayor or, if vetoed, following a Council override, and it will remain in effect for a maximum of 90 days as stipulated for emergency acts under the District of Columbia Home Rule Act.