Current through the 2024 Legislative Session
Section 196-C - [Newly enacted section not yet numbered] Solar hui investment fund(a) There is established the solar hui investment fund into which shall be deposited the following:(1) Appropriations by the legislature;(2) Investments received from multi-family residential property owners;(3) All other money received for the fund from any other source; and(4) All income and interest earned or accrued on moneys deposited into the fund.(b) The solar hui investment fund may be used to:(1) Enter into energy services agreements with low- and moderate-income households to install a solar energy system;(2) Invest in energy projects;(3) Pay administrative costs of the solar hui program; or(4) Pay any other costs related to the solar hui program.Added by L 2024, c 40,§ 1, eff. 7/1/2024.