House Sponsors: Reps. Erickson, Sandifer, Brady, Herbkersman, Crosby, Bowers, Long, Pinson, Bales, Hayes and Hart
H.3930 Status: Failed to pass in 2012.
Description: This bill would allow municipalities to raise money in the bond market to provide financing for renewable energy and energy efficiency projects within their districts.
Other Details:
- Promotes the development of in-state energy resources;
- Only the borrowing entities repay funds;
- No taxpayer money goes toward these projects, and no taxpayer must participate in this program unless they choose to.
H.3930 Summary at SC Legislature Online