SB303 extends the Property Assessed Clean Energy (PACE) program to cover privately owned agricultural property, alongside existing commercial and industrial coverage. It broadens eligible projects under PACE to include environmental hazard projects (addressing contaminants, flood or drought mitigation, weather resistance, and lead paint) and energy projects (reducing energy consumption, renewable energy systems, and anaerobic digesters). The bill introduces definitions for renewable energy systems and anaerobic digester energy systems, while expanding PACE’s essential governmental purposes to encompass public health improvement and protection against climate and environmental hazards.
The Michigan State Senate passed SB303 on May 24, 2023 by a vote of 24 to 14. We have assigned pluses to the nays because investing taxpayer dollars in creating a climate change response strategy is a complete waste of money. States should not be buying into the climate-change agenda. Additionally, this legislation creates more government interference in the free-market economy and advances the Marxist climate change agenda.