Added as Co-Sponsor Sen. Paul Jacobs
Summary
The bill directs the Department of Commerce and Economic Opportunity to set up a Home Utility Rebate Program that gives cash rebates to electricity‑using households whose income is between 100% and 500% of the federal poverty line. It earmarks $500 million from the General Revenue Fund for fiscal years 2026‑27 and allows any unused money to be awarded to qualifying first‑time small business owners. The program would be funded through a new special fund and implemented via emergency rules.
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