This bill amends Section 476.46A of the Iowa Code to authorize the Iowa economic development authority to transfer funds to support the state load forecasting center. Specifically, it allows for an annual transfer of up to $633,000 from the energy and water infrastructure revolving loan fund to Iowa State University of Science and Technology, starting from July 1, 2026.
The purpose of this funding is to provide financial assistance to the state load forecasting center, which plays a critical role in managing and predicting energy loads within the state. This legislative action aims to enhance the capabilities of the center, thereby contributing to more effective energy management and planning in Iowa.
Statutes affected: Introduced: 476.46A