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Last Action

Ref To Com On Rules, Calendar, and Operations of the House2025-04-08

Vote Breakdown

No floor votes recorded.

Plain Language Summary

This bill appropriates $14.5 million in state funding for clean energy grants during the 2025-2026 fiscal year. The money will be distributed through two programs: $10 million for innovation and research grants administered by the Department of Commerce, and $4.5 million for competitive grants supporting clean energy businesses and entrepreneurs.

Arguments in Favor

• •Supporters argue this bill invests in North Carolina's green economy by funding renewable energy development, energy efficiency technologies, and clean energy businesses.
• •They contend it creates jobs, attracts private investment, and supports small businesses and workforce development in emerging clean energy sectors while positioning the state as a leader in sustainable innovation.

Arguments Against

• •Opponents may question whether $14.5 million is an effective use of General Fund dollars, argue that private markets should fund clean energy innovation without government grants, or express concern about whether grant programs efficiently reach intended beneficiaries.
• •Some may also note these are one-time nonrecurring funds that don't provide ongoing support for program sustainability.