2025 Regular Session HB 3653

• Bill Title: Relating to energy performance contracts; prescribing an effective date.

Catchline/Summary

Digest: Lets a state agency sign a contract to get energy savings and other benefits. Says that the state agency must obey certain rules, hire an approved company and get a guarantee of a certain level of savings. Takes effect on the 91st day after the session ends. (Flesch Readability Score: 61.3).

Defines "energy performance contract" and allows authorized state agencies to enter into energy performance contracts without requiring a competitive procurement if the authorized state agency follows rules that the Attorney General adopts, negotiates a performance guarantee and enters into the contract with a qualified energy service company that the State Department of Energy prequalifies and approves.

Takes effect on the 91st day following adjournment sine die.

• Fiscal Impact: Has Minimal Fiscal Impact
• Revenue Impact: No Revenue Impact
• Current Location: Senate Desk - Awaiting First Reading