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High Impact

Missouri House Bill 2119 Extends PACE Financing Terms to 30 Years and Exempts Residential Properties

Original title: PROPERTY ASSESSMENT CLEAN ENERGY ACT

Last action · March 4, 2026: Public Hearing Scheduled, Bill not Heard (H)Sponsor: Bill Owen

Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

House Bill 2119 extends the maximum and bond term under the Property Assessment Clean Energy Act from twenty to thirty years, while completely exempting residential properties from residential PACE programs beginning August 28, 2026. The legislation modifies various operational requirements for clean energy development boards, including annual reporting deadlines, contract verification duties, and right of first refusal terms for financial institutions.

Why it matters

Property owners participating in commercial clean energy financing gain an extended repayment window of up to thirty years, while residential property owners are barred from entering new PACE s after August 28, 2026.

Background
  • House Bill 2119 was introduced during the 2026 Regular Session of the 103rd Missouri General Assembly by Representative Bill Owen. context
  • Property Assessed Clean Energy (PACE) programs allow local governments to finance energy efficiency and renewable energy home improvements, which are then paid back through property tax assessments. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

clean energy development boards

Boards face modified reporting deadlines, extended maximum financing terms up to thirty years, and restrictions on establishing residential PACE programs.

Directly affected

residential property owners

Residential property owners are barred from entering into new PACE assessment contracts and programs beginning August 28, 2026.

Directly affected

federally insured depository institutions in Missouri

These institutions must be offered a right of first refusal for outside administrative service contracts for financing origination.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

How are residential properties affected by this bill?
Beginning August 28, 2026, all residential properties are exempt from sections 67.2816 to 67.2819, and no new , project, or PACE program may be established for any residential property.
When must clean energy development boards submit their annual reports?
They must file an annual report no later than July first of each year with each participating municipality and the department of natural resources.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently in committee. The next step in the legislative lifecycle is Floor Vote.

Procedural history

5 actions
  1. Mar 4, 2026House
    Public Hearing Scheduled, Bill not Heard (H)
  2. Feb 27, 2026HouseCommittee
    Referred: Financial Institutions(H)
  3. Jan 8, 2026HouseFloor
    Read Second Time (H)
  4. Jan 7, 2026HouseIntroduced
    Read First Time (H)
  5. Dec 2, 2025HouseIntroduced
    Prefiled (H)

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift98% confidence

Termination of Residential PACE

The legislation introduces a firm cutoff date of August 28, 2026, after which residential property assessed clean energy programs are completely prohibited.

Connected Entities

Department of Natural Resources, Joseph Engler, Department of Commerce and Insurance and 1 more
OrganizationDepartment of Natural Resources“Receives annual reports from clean energy development boards”Map →
PersonJoseph Engler“Chief Clerk of the House”Map →
OrganizationDepartment of Commerce and Insurance“Houses the division of finance whose director oversees administrative duties”Map →
PersonBill Owen“Representative for District 131 and primary sponsor of HB 2119”Map →

Sources

Analysis Score

0–100
  • Significance75
    How much this matters to a regular citizen
  • Controversy65
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz40
    Current news / social attention level

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