N.D. Cent. Code § 54-44.5-05.1

Current through 2023 Legislative Sessions
Section 54-44.5-05.1 - Energy conservation grant fund - Continuing appropriation

The energy conservation grant fund is a special fund in the state treasury. All funds in the energy conservation grant fund are appropriated to the department on a continuing basis for the purpose of providing grants to political subdivisions for energy conservation projects in nonfederal public buildings. The department shall develop guidelines to qualify for a grant under this section which must include a requirement that projects have a combined payback period of ten years or less, a matching requirement of one dollar of matching funds for every dollar of grant funds, and a maximum grant amount of one hundred thousand dollars. Interest earned by the fund must be credited to the fund.

N.D.C.C. § 54-44.5-05.1

Added by S.L. 2013, ch. 45 (SB 2014),§ 26, eff. 7/1/2013.