Creating the Washington bioenergy assistance program.
Summary
Establishes an Energy Freedom Program within the Department of Community, Trade and Economic Development.
Authorizes a 13-member Energy Freedom Board (Board) to award low-interest loans to political subdivisions for the research and development of new and renewable energy sources, including infrastructure and facilities.
Authorizes the Board to award grants to Washington public research institutions, and to award a limited amount of grant funding to political subdivisions.
Creates the Energy Freedom Account within the State Treasury.
Authorizes a transfer of up to $25 million from the Public Utility Tax into the Energy Freedom Account.
From the Substitute House Bill Report (SSB 6501), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not passDid not pass · passed Senate, stalled in House