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2011 SESSION
SB 1229 Clean Energy Manufacturing Incentive Grant Program; created.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Clean Energy Manufacturing Incentive Grant Program created. Repeals both the Solar Photovoltaic Manufacturing Incentive Grant Program and the Biofuels Production Incentive Grant Program to create a program that provides financial incentives to companies that manufacture or assemble equipment, systems, or products used to produce renewable or nuclear energy, or products used for energy conservation, storage, or grid efficiency purposes. To be eligible for a grant, the manufacturer must make a capital investment greater than $50 million and create at least 200 full-time jobs that pay at least the prevailing wage. A wind energy supplier must make a capital investment of greater than $10 million and create at least 30 full-time jobs that pay at least the prevailing wage to be eligible for a grant. This bill was incorporated into SB 1360.
FULL TEXT
HISTORY
- 01/12/11 Senate: Prefiled and ordered printed; offered 01/12/11 11103719D
- 01/12/11 Senate: Referred to Committee on Finance
- 01/25/11 Senate: Incorporated by Finance (SB1360-Stosch) (14-Y 0-N)