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Maryland Establishes Green Energy Loan Program and Fund for Nonprofits

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

Last action · March 25, 2026: Hearing 4/02 at 1:00 p.m. (Environment and Transportation)Sponsor: Cheryl Kagan

Companion · HB 695same policy, House version
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Maryland establishes the Green and Renewable Energy Efficiency for Nonprofits (GREEN) Loan Program within the Maryland Clean Energy Center to provide no-interest loans to eligible nonprofit organizations starting July 1, 2027.

Why it matters

Eligible nonprofits can access specialized financing for solar installations, heating and cooling upgrades, and window replacements, backed by potential state budget appropriations and transfers from the Maryland Strategic Energy Investment Fund.

Background
  • The Maryland Clean Energy Center is an instrumentality of the state created to promote clean energy economic development. 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

Nonprofit organizations

Eligible 501(c)(3) nonprofits gain access to no-interest loans for energy efficiency upgrades and qualifying energy systems, subject to a 10% cost contribution requirement.

Directly affected

Maryland Clean Energy Center

The Center is tasked with managing, supervising, administering, and promoting the loan program and fund, as well as establishing application guidelines.

Key Facts

  • The GREEN Loan Program is established within the Maryland Clean Energy Center to offer no-interest loans to 501(c)(3) nonprofit organizations.
  • Loan funds may be used for planning, purchasing, and installing qualifying energy systems and energy efficiency actions such as repairing or replacing windows, doors, and HVAC systems.
  • The Maryland Clean Energy Center must prioritize loan applicants with an annual budget of $1,000,000 or less.
  • Borrowers must contribute at least 10% of the cost of the qualifying energy system or energy efficiency action.
Show all 8 facts
  • The Green and Renewable Energy Efficiency for Nonprofits Loan Fund is established as a special, nonlapsing fund held separately by the Maryland Clean Energy Center and accounted for by the Comptroller.
  • The Governor may include an appropriation of $5,000,000 for the Fund in the fiscal year 2028 state budget, and at least $5,000,000 minus the existing balance for fiscal year 2029.
  • The Maryland Clean Energy Center must establish an application process, set guidelines, and implement an advertising campaign for the program on or before July 1, 2027.
  • Sections 1 and 2 of the Act take effect July 1, 2027, while the remaining provisions take effect July 1, 2026.

Frequently Asked Questions

Who is eligible to apply for a loan under the GREEN Loan Program?
Nonprofit organizations that are exempt from federal income tax under Section of the Internal Revenue Code are eligible.
What can loan funds be used for?
Loan funds can be used for purchasing and installing qualifying energy systems, technical assistance for planning and installation, and energy efficiency actions like replacing windows, doors, and HVAC systems.

What else do you want to know?

News Coverage

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

Where This Stands

Currently passed chamber. The next step in the legislative lifecycle is Law.

Procedural history

9 actions
  1. Mar 25, 2026House
    Hearing 4/02 at 1:00 p.m. (Environment and Transportation)
  2. Mar 6, 2026HouseCommittee
    Referred Environment and Transportation Appropriations
  3. Mar 5, 2026SenateFloor
    Third Reading Passed (30-13)
  4. Mar 3, 2026SenateFloor
    Second Reading Passed with Amendments
  5. Mar 3, 2026Senate
    Favorable with Amendments { 933020/1 Adopted
  6. Mar 2, 2026SenateCommittee
    Favorable with Amendments Report by Budget and Taxation
Show 3 earlier actions
  1. Jan 15, 2026Senate
    Hearing 1/21 at 10:00 a.m.
  2. Jan 14, 2026SenateIntroduced
    First Reading Budget and Taxation
  3. Oct 8, 2025SenateIntroduced
    Pre-filed

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

Connected Entities

Cheryl Kagan, Maryland Clean Energy Center
PersonCheryl Kagan“Senator sponsoring Senate Bill 23”Map →
OrganizationMaryland Clean Energy Center“Administers the GREEN Loan Program and Fund”Map →

Sources

Open source document

mgaleg.maryland.gov

Analysis Score

0–100
  • Significance65
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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