A BILL TO BE ENTITLED AN ACT TO AMEND THE STATUTES GOVERNING GUARANTEED ENERGY SAVINGS CONTRACTS FOR GOVERNMENTAL UNITS.
House committee substitute to the 3rd edition makes the following changes.
Deletes all of Section 4 of the act, which repealed GS 143-64.17L and GS 143-64.17M; amended GS 143-64.17F, GS 143-64.17H, GS 142-63, and GS 142-64, and allowed NC State University to continue to self-perform the specified projects.
Adds a new Section 4 to the act as follows. Amends GS 143-64.17L(e) to allow the Board of Governors to allow UNC Charlotte, in addition to NC State University, to implement an energy conservation measure without entering into a guaranteed savings contract. Amends GS 142-63 by deleting the provision that allowed a state governmental unit that has solicited a guaranteed energy conservation measure or the State Treasurer to execute and deliver a financing contract to finance the costs of the energy conservation measure, with a $5 million cap on the aggregate outstanding amount payable to the state under financing contracts entered into under the Article.
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