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SPECIAL SESSION ACTS ENACTED FOR 2008 |
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ACT |
DATE |
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SUBJECT |
EFFECTIVE DATE |
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July 9 |
The
Alternative Energy Investment Act provides for alternative sources of energy;
establishes the Alternative Energy Development Program which provides for the
indebtedness of up to $500,000,000 to fund projects as outlined in the act,
the Consumer Energy Program to provide loans, grants, reimbursements and
rebates to individuals and small businesses, the Home Energy Efficiency Loan
Program to eligible households for energy efficiency projects, the Home
Energy Efficiency Loan Fund and the Alternative Energy Production Tax Credit
Program which would provide tax credits in an amount equal to 15% of the
total amount of all development, equipment and construction costs paid for
alternative energy production projects to eligible applicants; and provides
for the powers and duties of the Department of Environmental Protection and
for reporting. |
Effective Immediately |
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July 10 |
Amends
the Alternative Fuels Incentive Act further providing for the Alternative
Fuels Incentive Fund by stating that money from the fund may be expended by
the department as reimbursement of up to 10 cents per gallon (increased from
5 cents) in a year for up to 12,500,000 gallons of renewable fuels produced
by a qualified renewable fuels producer. No more than 0.5% of the fund may be
used to educate and do outreach to car dealers and consumers about the
program and no more than 1.5% (decreased from 2%) may be used to administer
the provisions of the Act. The bill also provides a rebate for individuals
who purchase a biodiesel or other alternative fuel vehicle. For fiscal years
2008-2009 through 2010-2011, DEP is authorized to expend up to $100,000
annually for a nitrogen tire inflation grant program. DEP may award matching
grants of up to 50% of the costs of purchasing and installing a nitrogen tire
inflation system (up to $5,000 per system) to automotive service providers
who sell tires in PA. DEP would publish guidelines necessary to implement the
grant program, and maintain a registry of grant recipients on the
department's website. Additionally, the rebate program would apply to the
purchase of a plug-in hybrid or other alternative fuel vehicle. The
legislation also provides for biomass-based diesel production incentives by
stating that the department would expend up to $5,300,000 annually from the
fund as a production incentive of 75 per gallon for biomass-based diesel
produced in PA beginning July 1, 2008, and sold in this commonwealth for
commercial transportation purposes or for residential heating. |
Effective Immediately |