Green and Renewable Energy Efficiency for Nonprofits (GREEN) Loan Program and Fund - Establishment

Summary

The bill establishes the GREEN Loan Program within the Maryland Clean Energy Center, offering interest‑free loans to nonprofit organizations for purchasing and installing qualifying renewable energy systems and for energy‑efficiency upgrades. It also creates a dedicated, non‑lapsing loan fund and earmarks $5 million in the FY2028 budget to finance the program. The measure aims to help nonprofits reduce operating costs and support the state’s greenhouse‑gas reduction goals.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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