Introduced House Bill (H)

Authored by

DIGEST

Energy savings contracts. Modifies per campus limits on the amount of outstanding bonds that a state educational institution may issue for qualified energy savings contracts. Removes the separate limit on the amount of outstanding bonds that Ivy Tech Community College may issue for qualified energy savings contracts. Provides that the amount of outstanding bonds for a state educational institution is limited to the greater of $15,000,000 or 5% of the total replacement value of all structures located on each campus of the state educational institution. Energy savings contracts. Modifies per campus limits on the amount of outstanding bonds that a state educational institution may issue for qualified energy savings contracts. Removes the separate limit on the amount of outstanding bonds that Ivy Tech Community College may issue for qualified energy savings contracts. Provides that the amount of outstanding bonds for a state educational institution is limited to the greater of $15,000,000 or 5% of the total replacement value of all structures located on each campus of the state educational institution.