States / Washington / SB 5208

SB 5208 In Committee

Establishing a new clean energy fund program.

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 S-0419.1

SENATE BILL 5208

State of Washington

69th Legislature

2025 Regular Session

By Senators MacEwen and Dozier

Prefiled 01/09/25. Read first time 01/13/25. Referred to Committee on Environment, Energy & Technology.

AN ACT Relating to establishing a new clean energy fund program; amending RCW 70A.65.260 ; reenacting and amending RCW 43.84.092 and 43.84.092 ; adding new sections to chapter 43.21F RCW; creating a new section; providing effective dates; providing an expiration date; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. The legislature finds that providing funding to public and private entities under the requirements of this act is fundamental to helping Washington meet the obligations set forth in the state's environmental policies including, but not limited to, the emissions reductions established under RCW 70A.45.020 .

NEW SECTION. Sec. 2. (1) Subject to the availability of amounts appropriated for this specific purpose, the department may offer loans to aid projects that align with or implement Washington's stated policy goals relating to fostering a prosperous clean energy economy. Loans may be used to fund all or part of projects in Washington for:

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