The Qualified Energy Conservation Bond limitation has been increased to $3.2 billion from the $800 million authorized in the Emergency Economic Stabilization Act of 2008. These bonds may be used by state, local, and tribal governments to finance certain types of energy projects through loans, grants, and other repayment mechanisms that implement green community programs. Energy Conservation Bonds may be used for capital expenditures to reduce energy use in public buildings by at least 20% and implement green community programs.

 

Benson, David, Greg Jenner, and Debra Frimerman. SHOW ME THE MONEY: The Law Of The Stimulus Package. 2009.

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