House Bill No. [insert bill number] aims to revise the State Building Energy Conservation Act by removing the Department of Environmental Quality's authority to issue energy conservation program bonds and allowing the department to set an annual interest rate for projects, which cannot exceed 3%. The bill includes several amendments to existing sections of the Montana Code Annotated (MCA), such as revising definitions related to energy conservation programs and project requirements. Notably, it deletes references to energy conservation program bonds in various sections and introduces new provisions for the creation and use of an energy conservation program account, which will be funded through energy cost savings and other legislative appropriations.

Additionally, the bill repeals sections related to the authority to issue energy conservation program bonds and outlines the responsibilities of the Department of Environmental Quality in identifying energy-saving projects and conducting energy analyses. It mandates that the department compile reports on energy conservation efforts and sets forth guidelines for transferring energy savings to designated accounts. The effective date for the implementation of this act is set for July 1, 2025.

Statutes affected:
LC Text: 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1(1): 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1(2): 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1(3): 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1(4): 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1(5): 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625
HB0047_1: 90-4-602, 90-4-605, 90-4-606, 90-4-607, 90-4-613, 90-4-614, 90-4-615, 90-4-616, 90-4-617, 90-4-625