HP1376, LD 1942, item 2, 123rd Maine State Legislature
Amendment C "A", Filing Number H-706
‘Resolve, Regarding Loans for Geothermal Heating Systems’

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Amend the bill by striking out the title and substituting the following:
‘Resolve, Regarding Loans for Geothermal Heating Systems’
Amend the bill by striking out everything after the title and before the summary and inserting the following:
‘Sec. 1 Loans for commercial geothermal heating units; report. Resolved: That the Public Utilities Commission may provide loans for geothermal heating systems under the Energy Conservation Small Business Revolving Loan Program, established under the Maine Revised Statutes, Title 35-A, section 10005. No later than January 15, 2009, the Public Utilities Commission shall report to the joint standing committee of the Legislature having jurisdiction over energy matters regarding the number, amount and characteristics of loans made during the previous program year for geothermal heating systems and other energy conservation measures under the Energy Conservation Small Business Revolving Loan Program. The commission may submit this information as part of the conservation program report required by Title 35-A, section 3211-A, subsection 11; and be it further
Sec. 2 Loans for residential geothermal heating units; report. Resolved: That the Maine State Housing Authority may provide loans for the installation of geothermal heating systems under the Home Energy Loan Program. No later than January 15, 2009, the Maine State Housing Authority shall report to the joint standing committee of the Legislature having jurisdiction over energy matters regarding the number, amount and characteristics of loans made during the previous program year for geothermal heating systems and other energy conservation measures under the Home Energy Loan Program.’
 
SUMMARY
This amendment is the majority report of the committee. The amendment replaces the bill with a resolve. The amendment authorizes the Public Utilities Commission and the Maine State Housing Authority to provide loans for geothermal heating systems under the commission's Energy Conservation Small Business Revolving Loan Program and the authority’s Home Energy Loan Program and directs these agencies to report on loans made for geothermal heating systems by January 15, 2009.
FISCAL NOTE REQUIRED
(See attached)

HP1376, Filing Number H-706, LR 2755, item 2, Second Regular Session - 123rd Maine Legislature, page