Local governments; additional powers, Commercial Property Assessed Clean Energy financing programs.

General Powers of local governments; additionalpowers; Commercial Property Assessed Clean Energy (C-PACE) financingprograms. Changes the existing authorization for local governmentsto finance, by ordinance, clean energy, resiliency, and stormwater management programs to authorize the financing of eligible improvementsto eligible properties, as defined in the bill, under C-PACE loanprograms. The bill allows localities to delegate billing, collection,and remittance of C-PACE loan payments to a third party. The billexempts localities that have enacted C-PACE ordinances before July1, 2022, from enforcement.