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SB 110 Clean energy financing; localities authorized to place liens against any property.
SUMMARY AS PASSED SENATE: (all summaries)
Clean energy financing. Gives localities the authority to, in order to secure loans for the initial acquisition and installation of clean energy improvements, place liens equal in value to the loan against any property where such clean energy systems are being installed. Further allows the locality to bundle the loans for transfer to private lenders in such a manner that would allow the liens to remain in full force to secure the loans.