Clean energy fund program

AN ACT Relating to establishing a new clean energy fund program; 1
amending RCW 70A.65.260; reenacting and amending RCW 43.84.092 and 2
43.84.092; adding new sections to chapter 43.21F RCW; creating a new 3
section; providing effective dates; providing an expiration date; and 4
declaring an emergency. 5
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:6
NEW SECTION. Sec. 1. The legislature finds that providing 7
funding to public and private entities under the requirements of this 8
act is fundamental to helping Washington meet the obligations set 9
forth in the state's environmental policies including, but not 10
limited to, the emissions reductions established under RCW 11
70A.45.020.12
NEW SECTION. Sec. 2. (1) Subject to the availability of amounts 13
appropriated for this specific purpose, the department may offer 14
loans to aid projects that align with or implement Washington's 15
stated policy goals relating to fostering a prosperous clean energy 16
economy. Loans may be used to fund all or part of projects in 17
Washington for:18
(a) Acquiring electric or hydrogen vehicles, or charging and 19
refueling infrastructure for such vehicles; 20
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.
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(b) Evaluating sites or providing technical assistance for new or 1
improved energy generation or transmission facilities;2
(c) Installing solar, wind, geothermal, or hydrogen equipment to 3
assist with meeting an eligible applicant's energy use requirements;4
(d) Developing advanced nuclear reactor technology including, but 5
not limited to, small modular reactors; 6
(e) Decarbonizing an eligible applicant's facility;7
(f) Promoting research and development of new and emerging clean 8
energy generation or storage technology; 9
(g) Modernizing the electrical grid; or 10
(h) Researching and implementing clean energy technology that 11
specifically applies to agriculture or forestry. 12
(2) Payments of principal and interest on loans awarded pursuant 13
to this section must be deposited into the clean energy fund account 14
created in section 5 of this act. 15
(3) The department shall award loans in a manner as to ensure, to 16
the maximum extent practicable, that funds are proportionally 17
distributed among the greatest number of eligible projects during 18
each funding cycle. 19
(4)(a) For loans offered to public or governmental entities, the 20
department may establish reduced or capped interest rates modeled on 21
interest rate options as provided in RCW 43.155.060 and 43.155.065.22
(b) Loans approved for nonpublic or private entities may not be 23
offered at an interest rate below the United States prime rate plus 24
two percent. 25
NEW SECTION. Sec. 3. The following entities are eligible to 26
receive loans authorized under section 2 of this act:27
(1) Any person or organization engaging in business, broadly 28
defined to include all activities engaged in with the object of gain, 29
benefit, or advantage to the person or organization;30
(2) Any electric utility, as defined in RCW 19.29A.010;31
(3) Any corporation organized under Title 24 RCW;32
(4) Any operating agency or joint operating agency, as defined in 33
RCW 43.52.250; 34
(5) Any political subdivision of the state of Washington; and35
(6) Any national laboratory with a facility located in 36
Washington. 37
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NEW SECTION. Sec. 4. (1) When soliciting and evaluating 1
proposals, executing contracts, approving loans, and monitoring 2
projects funded under section 2 of this act, the department shall 3
conduct due diligence activities associated with the use of public 4
funds including, but not limited to, ensuring that applications, 5
contracts, and agreements fully comply with all applicable disclosure 6
and ethics laws.7
(2) If the department concludes that there has been a violation 8
of any law described in subsection (1) of this section relating to a 9
specific project funded under section 2 of this act, the department 10
in its sole discretion may cancel a loan and require the recipient to 11
repay any funds received. The department shall reserve its right to 12
pursue all available remedies under law to address violations and 13
repayment of any canceled loan. 14
(3) The requirements of this section must be specified in funding 15
agreements issued by the department. 16
NEW SECTION. Sec. 5. (1) The clean energy fund account is 17
created in the state treasury. All receipts from appropriations and 18
transfers by the legislature; bond proceeds authorized by the 19
legislature; federal funds, grants, and other forms of financial 20
assistance; payment of principal and interest on loans awarded 21
pursuant to section 2 of this act; and any other lawful source must 22
be deposited into the account for uses consistent with this section. 23
Moneys in the account may be spent only after appropriation.24
(2) Expenditures from the account may be used only for loans made 25
under section 2 of this act, including up to one percent of the costs 26
incurred by the department to administer section 2 of this act.27
(3) The department shall maintain separate accounting for any 28
federal funds in the account. 29
Sec. 6. RCW 43.84.092 and 2024 c 210 s 4 and 2024 c 168 s 12 are 30
each reenacted and amended to read as follows: 31
(1) All earnings of investments of surplus balances in the state 32
treasury shall be deposited to the treasury income account, which 33
account is hereby established in the state treasury.34
(2) The treasury income account shall be utilized to pay or 35
receive funds associated with federal programs as required by the 36
federal cash management improvement act of 1990. The treasury income 37
account is subject in all respects to chapter 43.88 RCW, but no 38
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appropriation is required for refunds or allocations of interest 1
earnings required by the cash management improvement act. Refunds of 2
interest to the federal treasury required under the cash management 3
improvement act fall under RCW 43.88.180 and shall not require 4
appropriation. The office of financial management shall determine the 5
amounts due to or from the federal government pursuant to the cash 6
management improvement act. The office of financial management may 7
direct transfers of funds between accounts as deemed necessary to 8
implement the provisions of the cash management improvement act, and 9
this subsection. Refunds or allocations shall occur prior to the 10
distributions of earnings set forth in subsection (4) of this 11
section. 12
(3) Except for the provisions of RCW 43.84.160, the treasury 13
income account may be utilized for the payment of purchased banking 14
services on behalf of treasury funds including, but not limited to, 15
depository, safekeeping, and disbursement functions for the state 16
treasury and affected state agencies. The treasury income account is 17
subject in all respects to chapter 43.88 RCW, but no appropriation is 18
required for payments to financial institutions. Payments shall occur 19
prior to distribution of earnings set forth in subsection (4) of this 20
section. 21
(4) Monthly, the state treasurer shall distribute the earnings 22
credited to the treasury income account. The state treasurer shall 23
credit the general fund with all the earnings credited to the 24
treasury income account except: 25
(a) The following accounts and funds shall receive their 26
proportionate share of earnings based upon each account's and fund's 27
average daily balance for the period: The abandoned recreational 28
vehicle disposal account, the aeronautics account, the Alaskan Way 29
viaduct replacement project account, the ambulance transport fund, 30
the budget stabilization account, the capital vessel replacement 31
account, the capitol building construction account, the Central 32
Washington University capital projects account, the charitable, 33
educational, penal and reformatory institutions account, the Chehalis 34
basin account, the Chehalis basin taxable account, the clean energy 35
fund account, the clean fuels credit account, the clean fuels 36
transportation investment account, the cleanup settlement account, 37
the climate active transportation account, the climate transit 38
programs account, the Columbia river basin water supply development 39
account, the Columbia river basin taxable bond water supply 40
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development account, the Columbia river basin water supply revenue 1
recovery account, the common school construction fund, the community 2
forest trust account, the connecting Washington account, the county 3
arterial preservation account, the county criminal justice assistance 4
account, the covenant homeownership account, the deferred 5
compensation administrative account, the deferred compensation 6
principal account, the department of licensing services account, the 7
department of retirement systems expense account, the developmental 8
disabilities community services account, the diesel idle reduction 9
account, the opioid abatement settlement account, the drinking water 10
assistance account, the administrative subaccount of the drinking 11
water assistance account, the early learning facilities development 12
account, the early learning facilities revolving account, the Eastern 13
Washington University capital projects account, the education 14
construction fund, the education legacy trust account, the election 15
account, the electric vehicle account, the energy freedom account, 16
the energy recovery act account, the essential rail assistance 17
account, The Evergreen State College capital projects account, the 18
fair start for kids account, the family medicine workforce 19
development account, the ferry bond retirement fund, the fish, 20
wildlife, and conservation account, the freight mobility investment 21
account, the freight mobility multimodal account, the grade crossing 22
protective fund, the higher education retirement plan supplemental 23
benefit fund, the Washington student loan account, the highway bond 24
retirement fund, the highway infrastructure account, the highway 25
safety fund, the hospital safety net assessment fund, the Interstate 26
5 bridge replacement project account, the Interstate 405 and state 27
route number 167 express toll lanes account, the judges' retirement 28
account, the judicial retirement administrative account, the judicial 29
retirement principal account, the limited fish and wildlife account, 30
the local leasehold excise tax account, the local real estate excise 31
tax account, the local sales and use tax account, the marine 32
resources stewardship trust account, the medical aid account, the 33
money-purchase retirement savings administrative account, the money-34
purchase retirement savings principal account, the motor vehicle 35
fund, the motorcycle safety education account, the move ahead WA 36
account, the move ahead WA flexible account, the multimodal 37
transportation account, the multiuse roadway safety account, the 38
municipal criminal justice assistance account, the oyster reserve 39
land account, the pension funding stabilization account, the 40
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perpetual surveillance and maintenance account, the pilotage account, 1
the pollution liability insurance agency underground storage tank 2
revolving account, the public employees' retirement system plan 1 3
account, the public employees' retirement system combined plan 2 and 4
plan 3 account, the public facilities construction loan revolving 5
account, the public health supplemental account, the public works 6
assistance account, the Puget Sound capital construction account, the 7
Puget Sound ferry operations account, the Puget Sound Gateway 8
facility account, the Puget Sound taxpayer accountability account, 9
the real estate appraiser commission account, the recreational 10
vehicle account, the regional mobility grant program account, the 11
reserve officers' relief and pension principal fund, the resource 12
management cost account, the rural arterial trust account, the rural 13
mobility grant program account, the rural Washington loan fund, the 14
second injury fund, the sexual assault prevention and response 15
account, the site closure account, the skilled nursing facility 16
safety net trust fund, the small city pavement and sidewalk account, 17
the special category C account, the special wildlife account, the 18
state hazard mitigation revolving loan account, the state investment 19
board expense account, the state investment board commingled trust 20
fund accounts, the state patrol highway account, the state 21
reclamation revolving account, the state route number 520 civil 22
penalties account, the state route number 520 corridor account, the 23
statewide broadband account, the statewide tourism marketing account, 24
the supplemental pension account, the Tacoma Narrows toll bridge 25
account, the teachers' retirement system plan 1 account, the 26
teachers' retirement system combined plan 2 and plan 3 account, the 27
tobacco prevention and control account, the tobacco settlement 28
account, the toll facility bond retirement account, the 29
transportation 2003 account (nickel account), the transportation 30
equipment fund, the JUDY transportation future funding program 31
account, the transportation improvement account, the transportation 32
improvement board bond retirement account, the transportation 33
infrastructure account, the transportation partnership account, the 34
traumatic brain injury account, the tribal opioid prevention and 35
treatment account, the University of Washington bond retirement fund, 36
the University of Washington building account, the voluntary cleanup 37
account, the volunteer firefighters' relief and pension principal 38
fund, the volunteer firefighters' and reserve officers' 39
administrative fund, the vulnerable roadway user education account, 40
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the Washington judicial retirement system account, the Washington law 1
enforcement officers' and firefighters' system plan 1 retirement 2
account, the Washington law enforcement officers' and firefighters' 3
system plan 2 retirement account, the Washington public safety 4
employees' plan 2 retirement account, the Washington school 5
employees' retirement system combined plan 2 and 3 account, the 6
Washington state patrol retirement account, the Washington State 7
University building account, the Washington State University bond 8
retirement fund, the water pollution control revolving administration 9
account, the water pollution control revolving fund, the Western 10
Washington University capital projects account, the Yakima integrated 11
plan implementation account, the Yakima integrated plan 12
implementation revenue recovery account, and the Yakima integrated 13
plan implementation taxable bond account. Earnings derived from 14
investing balances of the agricultural permanent fund, the normal 15
school permanent fund, the permanent common school fund, the 16
scientific permanent fund, and the state university permanent fund 17
shall be allocated to their respective beneficiary accounts.18
(b) Any state agency that has independent authority over accounts 19
or funds not statutorily required to be held in the state treasury 20
that deposits funds into a fund or account in the state treasury 21
pursuant to an agreement with the office of the state treasurer shall 22
receive its proportionate share of earnings based upon each account's 23
or fund's average daily balance for the period. 24
(5) In conformance with Article II, section 37 of the state 25
Constitution, no treasury accounts or funds shall be allocated 26
earnings without the specific affirmative directive of this section.27
Sec. 7. RCW 43.84.092 and 2024 c 210 s 5 and 2024 c 168 s 13 are 28
each reenacted and amended to read as follows: 29
(1) All earnings of investments of surplus balances in the state 30
treasury shall be deposited to the treasury income account, which 31
account is hereby established in the state treasury.32
(2) The treasury income account shall be utilized to pay or 33
receive funds associated with federal programs as required by the 34
federal cash management improvement act of 1990. The treasury income 35
account is subject in all respects to chapter 43.88 RCW, but no 36
appropriation is required for refunds or allocations of interest 37
earnings required by the cash management improvement act. Refunds of 38
interest to the federal treasury required under the cash management 39
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improvement act fall under RCW 43.88.180 and shall not require 1
appropriation. The office of financial management shall determine the 2
amounts due to or from the federal government pursuant to the cash 3
management improvement act. The office of financial management may 4
direct transfers of funds between accounts as deemed necessary to 5
implement the provisions of the cash management improvement act, and 6
this subsection. Refunds or allocations shall occur prior to the 7
distributions of earnings set forth in subsection (4) of this 8
section. 9
(3) Except for the provisions of RCW 43.84.160, the treasury 10
income account may be utilized for the payment of purchased banking 11
services on behalf of treasury funds including, but not limited to, 12
depository, safekeeping, and disbursement functions for the state 13
treasury and affected state agencies. The treasury income account is 14
subject in all respects to chapter 43.88 RCW, but no appropriation is 15
required for payments to financial institutions. Payments shall occur 16
prior to distribution of earnings set forth in subsection (4) of this 17
section. 18
(4) Monthly, the state treasurer shall distribute the earnings 19
credited to the treasury income account. The state treasurer shall 20
credit the general fund with all the earnings credited to the 21
treasury income account except: 22
(a) The following accounts and funds shall receive their 23
proportionate share of earnings based upon each account's and fund's 24
average daily balance for the period: The abandoned recreational 25
vehicle disposal account, the aeronautics account, the Alaskan Way 26
viaduct replacement project account, the budget stabilization 27
account, the capital vessel replacement account, the capitol building 28
construction account, the Central Washington University capital 29
projects account, the charitable, educational, penal and reformatory 30
institutions account, the Chehalis basin account, the Chehalis basin 31
taxable account, the clean energy fund account, the clean fuels 32
credit account, the clean fuels transportation investment account, 33
the cleanup settlement account, the climate active transportation 34
account, the climate transit programs account, the Columbia river 35
basin water supply development account, the Columbia river basin 36
taxable bond water supply development account, the Columbia river 37
basin water supply revenue recovery account, the common school 38
construction fund, the community forest trust account, the connecting 39
Washington account, the county arterial preservation account, the 40
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county criminal justice assistance account, the covenant 1
homeownership account, the deferred compensation administrative 2
account, the deferred compensation principal account, the department 3
of licensing services account, the department of retirement systems 4
expense account, the developmental disabilities community services 5
account, the diesel idle reduction account, the opioid abatement 6
settlement account, the drinking water assistance account, the 7
administrative subaccount of the drinking water assistance account, 8
the early learning facilities development account, the early learning 9
facilities revolving account, the Eastern Washington University 10
capital projects account, the education construction fund, the 11
education legacy trust account, the election account, the electric 12
vehicle account, the energy freedom account, the energy recovery act 13
account, the essential rail assistance account, The Evergreen State 14
College capital projects account, the fair start for kids account, 15
the family medicine workforce development account, the ferry bond 16
retirement fund, the fish, wildlife, and conservation account, the 17
freight mobility investment account, the freight mobility multimodal 18
account, the grade crossing protective fund, the higher education 19
retirement plan supplemental benefit fund, the Washington student 20
loan account, the highway bond retirement fund, the highway 21
infrastructure account, the highway safety fund, the hospital safety 22
net assessment fund, the Interstate 5 bridge replacement project 23
account, the Interstate 405 and state route number 167 express toll 24
lanes account, the judges' retirement account, the judicial 25
retirement administrative account, the judicial retirement principal 26
account, the limited fish and wildlife account, the local leasehold 27
excise tax account, the local real estate excise tax account, the 28
local sales and use tax account, the marine resources stewardship 29
trust account, the medical aid account, the money-purchase retirement 30
savings administrative account, the money-purchase retirement savings 31
principal account, the motor vehicle fund, the motorcycle safety 32
education account, the move ahead WA account, the move ahead WA 33
flexible account, the multimodal transportation account, the multiuse 34
roadway safety account, the municipal criminal justice assistance 35
account, the oyster reserve land account, the pension funding 36
stabilization account, the perpetual surveillance and maintenance 37
account, the pilotage account, the pollution liability insurance 38
agency underground storage tank revolving account, the public 39
employees' retirement system plan 1 account, the public employees' 40
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retirement system combined plan 2 and plan 3 account, the public 1
facilities construction loan revolving account, the public health 2
supplemental account, the public works assistance account, the Puget 3
Sound capital construction account, the Puget Sound ferry operations 4
account, the Puget Sound Gateway facility account, the Puget Sound 5
taxpayer accountability account, the real estate appraiser commission 6
account, the recreational vehicle account, the regional mobility 7
grant program account, the reserve officers' relief and pension 8
principal fund, the resource management cost account, the rural 9
arterial trust account, the rural mobility grant program account, the 10
rural Washington loan fund, the second injury fund, the sexual 11
assault prevention and response account, the site closure account, 12
the skilled nursing facility safety net trust fund, the small city 13
pavement and sidewalk account, the special category C account, the 14
special wildlife account, the state hazard mitigation revolving loan 15
account, the state investment board expense account, the state 16
investment board commingled trust fund accounts, the state patrol 17
highway account, the state reclamation revolving account, the state 18
route number 520 civil penalties account, the state route number 520 19
corridor account, the statewide broadband account, the statewide 20
tourism marketing account, the supplemental pension account, the 21
Tacoma Narrows toll bridge account, the teachers' retirement system 22
plan 1 account, the teachers' retirement system combined plan 2 and 23
plan 3 account, the tobacco prevention and control account, the 24
tobacco settlement account, the toll facility bond retirement 25
account, the transportation 2003 account (nickel account), the 26
transportation equipment fund, the JUDY transportation future funding 27
program account, the transportation improvement account, the 28
transportation improvement board bond retirement account, the 29
transportation infrastructure account, the transportation partnership 30
account, the traumatic brain injury account, the tribal opioid 31
prevention and treatment account, the University of Washington bond 32
retirement fund, the University of Washington building account, the 33
voluntary cleanup account, the volunteer firefighters' relief and 34
pension principal fund, the volunteer firefighters' and reserve 35
officers' administrative fund, the vulnerable roadway user education 36
account, the Washington judicial retirement system account, the 37
Washington law enforcement officers' and firefighters' system plan 1 38
retirement account, the Washington law enforcement officers' and 39
firefighters' system plan 2 retirement account, the Washington public 40
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safety employees' plan 2 retirement account, the Washington school 1
employees' retirement system combined plan 2 and 3 account, the 2
Washington state patrol retirement account, the Washington State 3
University building account, the Washington State University bond 4
retirement fund, the water pollution control revolving administration 5
account, the water pollution control revolving fund, the Western 6
Washington University capital projects account, the Yakima integrated 7
plan implementation account, the Yakima integrated plan 8
implementation revenue recovery account, and the Yakima integrated 9
plan implementation taxable bond account. Earnings derived from 10
investing balances of the agricultural permanent fund, the normal 11
school permanent fund, the permanent common school fund, the 12
scientific permanent fund, and the state university permanent fund 13
shall be allocated to their respective beneficiary accounts.14
(b) Any state agency that has independent authority over accounts 15
or funds not statutorily required to be held in the state treasury 16
that deposits funds into a fund or account in the state treasury 17
pursuant to an agreement with the office of the state treasurer shall 18
receive its proportionate share of earnings based upon each account's 19
or fund's average daily balance for the period. 20
(5) In conformance with Article II, section 37 of the state 21
Constitution, no treasury accounts or funds shall be allocated 22
earnings without the specific affirmative directive of this section.23
Sec. 8. RCW 70A.65.260 and 2023 c 475 s 939 are each amended to 24
read as follows: 25
(1) The climate commitment account is created in the state 26
treasury. The account must receive moneys distributed to the account 27
from the climate investment account created in RCW 70A.65.250. Moneys 28
in the account may be spent only after appropriation. Projects, 29
activities, and programs eligible for funding from the account must 30
be physically located in Washington state and include, but are not 31
limited to, the following: 32
(a) Implementing the working families' tax credit in RCW 33
82.08.0206; 34
(b) Supplementing the growth management planning and 35
environmental review fund established in RCW 36.70A.490 for the 36
purpose of making grants or loans to local governments for the 37
purposes set forth in RCW 43.21C.240, 43.21C.031, 36.70A.500, and 38
36.70A.600, for costs associated with RCW 36.70A.610, and to cover 39
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costs associated with the adoption of optional elements of 1
comprehensive plans consistent with RCW 43.21C.420;2
(c) Programs, activities, or projects that reduce and mitigate 3
impacts from greenhouse gases and copollutants in overburdened 4
communities, including strengthening the air quality monitoring 5
network to measure, track, and better understand air pollution levels 6
and trends and to inform the analysis, monitoring, and pollution 7
reduction measures required in RCW 70A.65.020; 8
(d) Programs, activities, or projects that deploy renewable 9
energy resources, such as solar and wind power, and projects to 10
deploy distributed generation, energy storage, demand-side 11
technologies and strategies, and other grid modernization projects;12
(e) Programs, activities, or projects that increase the energy 13
efficiency or reduce greenhouse gas emissions of industrial 14
facilities including, but not limited to, proposals to implement 15
combined heat and power, district energy, or on-site renewables, such 16
as solar and wind power, to upgrade the energy efficiency of existing 17
equipment, to reduce process emissions, and to switch to less 18
emissions intensive fuel sources; 19
(f) Programs, activities, or projects that achieve energy 20
efficiency or emissions reductions in the agricultural sector 21
including: 22
(i) Fertilizer management; 23
(ii) Soil management; 24
(iii) Bioenergy; 25
(iv) Biofuels; 26
(v) Grants, rebates, and other financial incentives for 27
agricultural harvesting equipment, heavy duty trucks, agricultural 28
pump engines, tractors, and other equipment used in agricultural 29
operations; 30
(vi) Grants, loans, or any financial incentives to food 31
processors to implement projects that reduce greenhouse gas 32
emissions; 33
(vii) Renewable energy projects; 34
(viii) Farmworker housing weatherization programs;35
(ix) Dairy digester research and development; 36
(x) Alternative manure management; and 37
(xi) Eligible fund uses under RCW 89.08.615; 38
(g) Programs, activities, or projects that increase energy 39
efficiency in new and existing buildings, or that promote low carbon 40
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architecture, including use of newly emerging alternative building 1
materials that result in a lower carbon footprint in the built 2
environment over the life cycle of the building and component 3
building materials; 4
(h) Programs, activities, or projects that promote the 5
electrification and decarbonization of new and existing buildings, 6
including residential, commercial, and industrial buildings;7
(i) Programs, activities, or projects that improve energy 8
efficiency, including district energy, and investments in market 9
transformation of high efficiency electric appliances and equipment 10
for space and water heating; 11
(j) Clean energy transition and assistance programs, activities, 12
or projects that assist affected workers or people with lower incomes 13
during the transition to a clean energy economy, or grow and expand 14
clean manufacturing capacity in communities across Washington state 15
including, but not limited to: 16
(i) Programs, activities, or projects that directly improve 17
energy affordability and reduce the energy burden of people with 18
lower incomes, as well as the higher transportation fuel burden of 19
rural residents, such as bill assistance, energy efficiency, and 20
weatherization programs; 21
(ii) Community renewable energy projects that allow qualifying 22
participants to own or receive the benefits of those projects at 23
reduced or no cost; 24
(iii) Programs, activities, or other worker-support projects for 25
bargaining unit and nonsupervisory fossil fuel workers who are 26
affected by the transition away from fossil fuels to a clean energy 27
economy. Worker support may include, but is not limited to: (A) Full 28
wage replacement, health benefits, and pension contributions for 29
every worker within five years of retirement; (B) full wage 30
replacement, health benefits, and pension contributions for every 31
worker with at least one year of service for each year of service up 32
to five years of service; (C) wage insurance for up to five years for 33
workers reemployed who have more than five years of service; (D) up 34
to two years of retraining costs, including tuition and related 35
costs, based on in-state community and technical college costs; (E) 36
peer counseling services during transition; (F) employment placement 37
services, prioritizing employment in the clean energy sector; and (G) 38
relocation expenses; 39
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(iv) Direct investment in workforce development, via technical 1
education, community college, institutions of higher education, 2
apprenticeships, and other programs including, but not limited to:3
(A) Initiatives to develop a forest health workforce established 4
under RCW 76.04.521; and 5
(B) Initiatives to develop new education programs, emerging 6
fields, or jobs pertaining to the clean energy economy;7
(v) Transportation, municipal service delivery, and technology 8
investments that increase a community's capacity for clean 9
manufacturing, with an emphasis on communities in greatest need of 10
job creation and economic development and potential for commute 11
reduction; 12
(k) Programs, activities, or projects that reduce emissions from 13
landfills and waste-to-energy facilities through diversion of organic 14
materials, methane capture or conversion strategies, installation of 15
gas collection devices and gas control systems, monitoring and 16
reporting of methane emissions, or other means, prioritizing funding 17
needed for any activities by local governments to comply with chapter 18
70A.540 RCW; 19
(l) Carbon dioxide removal projects, programs, and activities; 20
((and))21
(m) Activities to support efforts to mitigate and adapt to the 22
effects of climate change affecting Indian tribes, including capital 23
investments in support of the relocation of Indian tribes located in 24
areas at heightened risk due to anticipated sea level rise, flooding, 25
or other disturbances caused by climate change. The legislature 26
intends to dedicate at least $50,000,000 per biennium from the 27
account for purposes of this subsection; and28
(n) Loans approved under section 2 of this act.29
(2) Moneys in the account may not be used for projects or 30
activities that would violate tribal treaty rights or result in 31
significant long-term damage to critical habitat or ecological 32
functions. Investments from this account must result in long-term 33
environmental benefits and increased resilience to the impacts of 34
climate change. 35
(3) During the 2023-2025 fiscal biennium, the legislature may 36
appropriate moneys from the climate commitment account for activities 37
related to environmental justice, including implementation of chapter 38
314, Laws of 2021. 39
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NEW SECTION. Sec. 9. This act may be known and cited as the 1
clean energy fund act.2
NEW SECTION. Sec. 10. Nothing in this act may be construed to 3
create an entitlement to funding.4
NEW SECTION. Sec. 11. Nothing in this act may be construed as 5
displacing any other program that offers grants or loans and is 6
administered by the state of Washington.7
NEW SECTION. Sec. 12. Sections 2 through 5 and 9 through 11 of 8
this act are each added to chapter 43.21F RCW.9
NEW SECTION. Sec. 13. Section 6 of this act expires July 1, 10
2028.11
NEW SECTION. Sec. 14. Section 7 of this act takes effect July 12
1, 2028.13
NEW SECTION. Sec. 15. Sections 1 through 6 and 8 through 11 of 14
this act are necessary for the immediate preservation of the public 15
peace, health, or safety, or support of the state government and its 16
existing public institutions, and take effect July 1, 2025.17
--- END ---
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