Summary of the Introduced Bill

HB 2066 -- Missouri Clean Energy Technology Center

Sponsor:  Morris

This bill establishes the Missouri Clean Energy Technology Center
to promote and develop jobs in the clean energy field, promote
research and workforce training in clean energy at Missouri's
colleges and vocational technical schools, and stimulate the
creation and development of new clean energy ventures that will
form the foundation of a strong Missouri clean energy industry.

The center must be physically housed within the offices of the
Department of Natural Resources but will not be subject to
supervision by the department or any other state board, bureau,
or other state department.  The center will be governed by a
13-member board of directors.  The board may employ staff and
consultants as it determines necessary to fulfill its duties.
The center will have all the powers necessary to carry out its
purposes including rulemaking authority and accepting, investing,
and distributing funds as it determines appropriate to its
mission.  It must annually submit a report on its operations,
receipts and expenditures, and assets and liabilities to the
Governor, Office of Administration, and General Assembly.

The center must hold an application process for the investment of
funds in research, workforce training, and job development in the
clean energy field and promote clean energy programs that
encourage economic self-sufficiency for low and moderate income
individuals and communities.  The center is authorized to
establish the Missouri Hydrogen and Fuel Cell Institute and an
Entrepreneurial Fellowship Program for existing entrepreneurs
wanting to invest in the state's clean energy field.

The Clean Energy Seed Grant Program, Green Jobs Initiative, and
Pathways Out of Poverty Initiative are established within the
center.  The center must commission a study of the clean energy
sector in Missouri including future workforce needs.  A copy of
the study must be submitted by February 1, 2012, to the General
Assembly.

The Missouri Alternative and Clean Energy Investment Trust Fund
is created which will be administered by the center.  The center
will, in consultation with a 15-member advisory board appointed
by the Governor with the advice and consent of the Senate, invest
and reinvest the moneys in the fund.  The bill specifies the
approved uses of moneys in the fund which include making
qualified investments in clean energy research and business
development, making loans and grants available for these
purposes, funding clean energy sector studies, and funding the
administration of the center.  The General Assembly may annually
appropriate up to $2 million to the fund.

Copyright (c) Missouri House of Representatives


Missouri House of Representatives
95th General Assembly, 2nd Regular Session
Last Updated September 14, 2010 at 3:12 pm