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ADVOCACY UPDATE

PACE Financing Loans

3/29/2019

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PACE Financing Loans:  SB 162—Local Government by Sen. Matt Brass (R), Newnan, was presented in the House Energy, Utilities and Communications Committee on Thursday even though it was tabled at last week’s committee meeting; however, the contents of the bill relating to PACE (property assessed clean energy) Financing of disaster mitigation improvements and broadband services were completely stripped out of the bill.  While the bill number and title will look the same, the content of the bill was completely replaced and became a vehicle for another bill.  The content of the new bill substitute relates to short-term rentals.  
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While the PACE Financing language was stripped, we do expect the author to continue working with CBA and other interested parties to craft language that would be acceptable to all parties for the next legislative session.

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    Author
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    Lori Godfrey
    EVP, Chief of Staff, Government & Regulatory Relations
    Lori represents and protects the interests of community banks during Georgia’s General Assembly, calls on banks throughout the year, oversees the Association’s PAC/PR fundraising efforts and assists with our Banker Regulatory Forums.

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Member ICBA
  • About CBA
    • About CBA
    • Board of Directors
    • CBA Committees
    • Our Team
    • Remembering Julian Hester
    • Directions to Our Office
    • Contact
  • Membership
    • Membership Overview
    • Member Login
    • Member Directory >
      • Bank Listing Update
    • Associate Member Directory >
      • Associate / Endorsed Member Listing Update
    • Endorsed Member Companies
    • Associate Member Benefits & Application
    • Member Benefits
    • Leadership Division Membership >
      • Board of Directors
      • Rally Around the Bell
  • Professional Development
    • CBA University >
      • Programs by Functional Category
      • Calendar
      • Webinar Series
      • Archived Webinars
      • Barret School of Banking
      • Compliance Program >
        • Compliance Program Survey
      • Women in Banking
      • The Community Bank Leadership Academy
      • Compliance Resources
      • Cancellation Policies & Facility Maps
      • Speakers
      • Venue Availability
      • Southeastern Community Bankers Association
    • Conventions/Events >
      • Annual Convention & Mini-Trade Show
      • LEAD Convention >
        • LDC Survey
      • Banker Regulatory Forum >
        • Banker Regulatory Forum Questions
      • Grass Roots Day at the Dome
      • Spring Regional Luncheon Meetings
      • PAC/PR Fundraising Events >
        • PAC/PR Clay Shoot
      • Call for Presentations
  • Communications
    • Communications Overview
    • Advertising Opportunities
    • Sponsorship Opportunities
    • Monthly Marketing Toolkit >
      • November- Value of the Community Bank
    • Georgia Communities First Magazine
    • Julian & Jan Hester Scholarship
    • Walraven Scholarship
    • eNewsletter - CBA Today
    • Lifetime Service Awards
  • Advocacy
    • Legislative Updates and Alerts
    • Advocacy Update
    • Priority Legislation SB 157 >
      • SB 157 Survey
    • Locate Your Legislator
    • CBA's PAC/PR Fund >
      • Corporate Donations
      • Individual Donations
    • ICBA Plan for Prosperity
  • Resources
    • CBA Career Center
    • CBA Legal Hotline
    • Custom Print-on-Demand Store
    • Georgia Financial Directory
    • ICBA
    • Salary Survey
    • Financial Literacy
    • Useful Websites
    • USDA and SBA Disaster Support
    • FDIC Regulatory Calendar
    • CBA Privacy Policy