HB20-1192
Petroleum Redevelopment Fund Electric Vehicle
Concerning the use of money in the petroleum cleanup and redevelopment fund to develop fuel-cell electric-vehicle projects.
Session:
2020 Regular Session
Subjects:
Bill Summary
Business & Economic Development
Natural Resources & Environment
Current law creates the petroleum cleanup and redevelopment fund to fund corrective action plans for petroleum releases not covered by other programs. If it would enhance environmental protection or improve air quality, the bill authorizes the division of oil and public safety to use up to $2 million in the redevelopment fund to develop, in partnership with a private entity, fuel-cell electric-vehicle projects.
(Note: This summary applies to this bill as introduced.)