Establishes the Missouri Energy Infrastructure Bank to fund energy infrastructure projects, focusing on rural areas.
The bill establishes the Missouri Energy Infrastructure Bank within the Environmental Improvement and Energy Resources Authority (EIERA). The bank will provide financial assistance for energy infrastructure projects, including generation, transmission, and long-lead items. It emphasizes funding for rural areas and requires annual reports on project progress. The bank will not be an obligation of the state or its political subdivisions. The authority can issue bonds, secure them with revenues, and enter into various financial agreements.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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