SB5759 – Creating a revolving loan program for specified clean energy projects.
Prime Sponsor – Senator MacEwen (R; 35th District; Mason County) (Co-Sponsor Nguyen – D)
Current status – Referred to the Senate Committee on Environment, Energy & Technology.
Next step would be – Scheduling a hearing
Legislative tracking page for the bill.
Summary –
The bill would authorize the State Energy Office to make loans from a revolving fund for specified projects. They could be used to fund part or all of electric or hydrogen vehicle fleets, charging, or refueling stations; siting evaluations and permitting for energy generation or transmission projects that promote the energy reliability goals of the Clean Energy Transformation Act; installation of solar, wind, geothermal, or hydrogen infrastructure to assist with supplying the applicant’s energy needs; buildout of advanced nuclear reactor technology including small modular reactors; and promoting decarbonization of an applicant’s facility.
The bill would be null and void if specific funding for the program was not appropriated this session.