CEJA-EQUITY ELIGIBLE COMMUNITY

Session: 103rd General Assembly
Year: 2024
Bill #: SB3356
Category: Environment
Position: No position
Mandate?
Revenue Loss?
Authority Preemption?

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Amends the Power Agency Act. Adds provision to the definition of "equity investment eligible community" and "eligible community" to include energy communities, as defined by the federal Internal Revenue Code pursuant to the federal Inflation Reduction Act of 2022, where residents have been subject to disproportionate burdens of unemployment created by the State's energy transition. Effective immediately.



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