Renewable And Clean Energy Project Grants

The act transfers $5 million from the general fund to the local government severance tax fund for the purpose of funding grants to local governments for renewable and clean energy infrastructure implementation projects. The grants must be made by August 15, 2021, or as soon as possible thereafter, and the department of local affairs, which makes the grants, is required to report to the general assembly regarding the grants during its 2022 annual "SMART Act" presentation to legislative committees of reference. $5 million is appropriated from the local government severance tax fund to the division of local government of the department of local affairs for state fiscal year 2020-21 so that the division can make the grants, and any of the money not expended before July 1, 2021, is further appropriated to the division for the 2021-22 and 2022-23 state fiscal years for the same purpose.

(Note: This summary applies to this bill as enacted.)