HB 1297-1_ Filed 02/22/2010, 10:53 Kenley
SENATE MOTION
MADAM PRESIDENT:
I move
that Engrossed House Bill 1297 be amended to read as follows:
SOURCE: Page 3, line 10; (10)MO129703.3. -->
Page 3, between lines 10 and 11, begin a new paragraph and insert:
SOURCE: IC 21-33-4-5; (10)MO129703.3. -->
"SECTION 3. IC 21-33-4-5, AS ADDED BY P.L.2-2007, SECTION
274, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE UPON
PASSAGE]: Sec. 5.
(a) After reviewing proposals submitted under this
chapter, a state educational institution may enter into energy cost
savings contracts with a qualified provider if the state educational
institution reasonably expects that the cost of a qualified energy
savings project recommended in the proposal would not exceed the
amount to be saved in either energy or operational costs, or both,
within:
(1) the ten (10) year period following the date installation is
complete if the recommendations in the proposal are followed,
in
the case of a project in which the qualified provider does not
pay the full amount of the installation costs; or
(2) the twenty (20) year period following the date installation
is complete if the recommendations in the proposal are
followed, in the case of a project in which the qualified
provider pays the full amount of the installation costs.
(b) An energy cost savings contract may also include a guaranty
from the qualified provider to the state educational institution that
either the energy or operational cost savings, or both, will meet or
exceed the cost of the energy cost savings projects not later than:
(1) ten (10) years after the date installation is complete,
in the
case of a project subject to subsection (a)(1); or
(2) twenty (20) years after the date installation is complete, in
the case of a project subject to subsection (a)(2).".
Renumber all SECTIONS consecutively.
(Reference is to EHB 1297 as printed February 19, 2010.)
________________________________________
Senator KENLEY