HB2417

HB2417 – Creating a revolving loan fund to support developing clean energy in the state.
Prime Sponsor – Representative Barnard (R; 8th District; Pasco) (Co-Sponsor Hackney – D)
Current status – Scheduled for a hearing in the House Committee on the Capital Budget at 8:00 AM on Thursday February 1st.
Next step would be – Action by the committee.
Legislative tracking page for the bill.

Summary –
If funds were specifically appropriated for it in this session, the bill would create a revolving loan fund to support developing clean energy in the state. It could make loans to public or private entities for electric vehicle or hydrogen vehicle fleets, charging, or refueling stations; siting evaluations and permitting for generation or transmission projects promoting energy reliability; installation of solar, wind, geothermal, or hydrogen infrastructure to assist with supplying the applicant’s energy needs; the buildout of advanced nuclear reactor technology including small modular reactors; and decarbonization of facilities. It would be managed by the State Energy Office, and the bill has a few provisions about due diligence, conflicts of interest, and canceling loans for ethics violations.