01/27/2022 10:15 AM House ENERGY
| Audio | Topic |
|---|---|
| Start | |
| HB227 | |
| Adjourn |
+ teleconferenced
= bill was previously heard/scheduled
| += | HB 227 | TELECONFERENCED | |
| + | TELECONFERENCED |
ALASKA STATE LEGISLATURE
HOUSE SPECIAL COMMITTEE ON ENERGY
January 27, 2022
10:19 a.m.
MEMBERS PRESENT
Representative Calvin Schrage, Chair
Representative Matt Claman
Representative Tiffany Zulkosky
Representative Zack Fields
Representative George Rauscher
Representative James Kaufman
MEMBERS ABSENT
Representative Chris Tuck
COMMITTEE CALENDAR
HOUSE BILL NO. 227
"An Act relating to municipal energy and resilience improvement
assessment programs; and providing for an effective date."
- MOVED HB 227 OUT OF COMMITTEE
PREVIOUS COMMITTEE ACTION
BILL: HB 227
SHORT TITLE: MUNI ENERGY IMPROVEMNT ASSESSMENT PROGRAM
SPONSOR(s): REPRESENTATIVE(s) SCHRAGE
01/18/22 (H) PREFILE RELEASED 1/7/22
01/18/22 (H) READ THE FIRST TIME - REFERRALS
01/18/22 (H) ENE, CRA
01/20/22 (H) ENE AT 10:15 AM ADAMS 519
01/20/22 (H) Heard & Held
01/20/22 (H) MINUTE(ENE)
01/27/22 (H) ENE AT 10:15 AM ADAMS 519
WITNESS REGISTER
RYAN MAE LUCAS, Owner/Broker
Regal North Commercial
Anchorage, Alaska
POSITION STATEMENT: Testified in support of the C-PACE
amendments proposed under HB 227.
TOM NEUKRANZ, Agent
Gold Specific Capital
Tiburon, California
POSITION STATEMENT: Testified in support of an amendment
proposed under HB 227 to include new construction.
TOM BENKERT
KI Energy, LLC
Wasilla, Alaska
POSITION STATEMENT: Testified in support of an amendment
proposed under HB 227.
MARK BEGICH
Anchorage, Alaska
POSITION STATEMENT: Testified in support of the amendments
proposed under HB 227.
JANE LIU
Global Pacific Capital, LLC
San Mateo, California
POSITION STATEMENT: Testified during the hearing on HB 227.
SHAINA KILCOYNE, Energy Manager
Solid Waste Services
Municipality of Anchorage
Anchorage, Alaska
POSITION STATEMENT: Responded to a request during the hearing
on HB 227.
ACTION NARRATIVE
10:19:36 AM
CHAIR CALVIN SCHRAGE called the House Special Committee on
Energy meeting to order at 10:19 a.m. Representatives Claman,
Zulkosky, Fields, Rauscher, Kaufman, and Schrage were present at
the call to order.
HB 227-MUNI ENERGY IMPROVEMNT ASSESSMENT PROGRAM
10:20:08 AM
CHAIR SCHRAGE announced that the only order of business would be
HOUSE BILL NO. 227, "An Act relating to municipal energy and
resilience improvement assessment programs; and providing for an
effective date."
10:20:27 AM
CHAIR SCHRAGE opened public testimony on HB 227.
10:20:48 AM
RYAN MAE LUCAS, Owner/Broker, Regal North Commercial, testified
in support of the commercial property assessed clean energy (C-
PACE) amendments proposed under HB 227. She highlighted the new
construction aspect of the bill and noted that some of the
buildings in Anchorage are 30-plus years old, and sometimes it
does not make economic sense to retrofit these older structures.
She encouraged the practical changes that would eliminate "the
bottleneck" and make it possible "to close and execute."
10:22:44 AM
TOM NEUKRANZ, Agent, Gold Specific Capital, expressed
enthusiastic support of the amendment proposed under HB 227 to
include new construction. He added that he supports the ability
to use C-PACE in new construction.
10:25:10 AM
TOM BENKERT, KI Energy, LLC, spoke about the benefit to
customers in obtaining financing on reasonable terms. He said
he has wished for the amendments to statute [proposed under HB
227] for about three years and is pleased HB 227 is under
consideration. He pointed out projects that would benefit from
the changes such as the extension of useful life, which reflects
new measures for resiliency. Further, he said the expansion of
the use of funds would allow for more flexibility in financing.
He said Alaska does not have tools that incentivize lenders to
support desired projects, and HB 227 would improve the options
available. He shared his willingness to answer any questions
regarding C-PACE. He stated his support of the amendment
proposed under HB 227.
10:28:53 AM
MARK BEGICH testified that he owns and operates several
companies, one of which is a redevelopment company that turns
deteriorated properties in Anchorage into premier properties,
and C-PACE is critical in making properties more efficient,
which results in money saved; it works in conjunction with
private capital raised. He said the proposed bill would help
make the projects more of a reality by adding language regarding
new construction financing, including market value, and by
keeping money in the state that would increase local hire. He
said he thinks HB 227 would benefit the private sector in
increasing economic development.
10:31:41 AM
JANE LIU, Global Pacific Capital, LLC, noted that in addition to
multi-family projects, large industrial projects can benefit
from C-PACE, and those larger projects are on the rise in
Alaska; therefore, she surmised that it would be a sector that
could take advantage of the C-PACE financing [addressed under HB
227].
10:32:47 AM
CHAIR SCHRAGE closed public testimony on HB 227. He noted that
the committee had not received any amendments for the proposed
legislation.
10:33:32 AM
SHAINA KILCOYNE, Energy Manager, Solid Waste Services,
Municipality of Anchorage, affirmed a request from
Representative Rauscher to call him to answer further questions
sometime following the close of the meeting.
10:33:55 AM
REPRESENTATIVE ZULKOSKY moved to report HB 227 out of committee
with individual recommendations and the accompanying fiscal
notes. There being no objection, HB 227 was reported out of the
House Special Committee on Energy.
10:34:21 AM
ADJOURNMENT
There being no further business before the committee, the House
Special Committee on Energy meeting was adjourned at 10:34 a.m.
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