PACE Financing Loans

SB 162—Local Government by Sen. Matt Brass (R), Newnan, was set to be heard in the House Energy, Utilities and Telecommunications Committee on Tuesday.  This bill relates to local government, so as to provide for disaster mitigation improvements and broadband services infrastructure in projects of downtown development authorities and development authorities; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.  The bill provides for PACE (property assessed clean energy) Financing of disaster mitigation improvements and broadband services. 

The CBA and other parties in the lending community expressed concerns with the bill to the author and members of the House Energy, Utilities, and Telecommunications Committee.  During the hearing, the bill was tabled and no action will be taken on this bill this session.  The author agreed to work with members of the lending community during the off session in an effort to mitigate concerns that were expressed. 
The CBA and other parties in the lending community expressed concerns with the bill to the author and members of the House Energy, Utilities, and Telecommunications Committee.  During the hearing, the bill was tabled and no action will be taken on this bill this session.  The author agreed to work with members of the lending community during the off session in an effort to mitigate concerns that were expressed. SB 162—Local Government by Sen. Matt Brass (R), Newnan, was set to be heard in the House Energy, Utilities and Telecommunications Committee on Tuesday.  This bill relates to local government, so as to provide for disaster mitigation improvements and broadband services infrastructure in projects of downtown development authorities and development authorities; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.  The bill provides for PACE (property assessed clean energy) Financing of disaster mitigation improvements and broadband services. 

The CBA and other parties in the lending community expressed concerns with the bill to the author and members of the House Energy, Utilities, and Telecommunications Committee.  During the hearing, the bill was tabled and no action will be taken on this bill this session.  The author agreed to work with members of the lending community during the off session in an effort to mitigate concerns that were expressed. SB 162—Local Government by Sen. Matt Brass (R), Newnan, was set to be heard in the House Energy, Utilities and Telecommunications Committee on Tuesday.  This bill relates to local government, so as to provide for disaster mitigation improvements and broadband services infrastructure in projects of downtown development authorities and development authorities; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.  The bill provides for PACE (property assessed clean energy) Financing of disaster mitigation improvements and broadband services. 

The CBA and other parties in the lending community expressed concerns with the bill to the author and members of the House Energy, Utilities, and Telecommunications Committee.  During the hearing, the bill was tabled and no action will be taken on this bill this session.  The author agreed to work with members of the lending community during the off session in an effort to mitigate concerns that were expressed. 

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