AGENDA ITEM #5A
April 16, 2013
Amanda Mihill, Legislative
Action: Bill 40-12, Economic Development - Green Organization Supplement
Planning, Housing, and Economic Development Committee recommendation (3-0): enact
Bill 40-12, Economic Development - Green Organization Supplement, sponsored by then
Council President Berliner and Councilmember Leventhal, was introduced on December 4,2012.
A public hearing was held on January 22 at which a representative of the Executive supported
Bill 40-12 (©20). Planning, Housing and Economic Development Committee worksessions
were held on January 28, February 11, and April 1.
Bill 40-12 would authorize the County to provide qualified applicants a Green Organization
Supplement. The County would supplement 50% of the recipient's investment in a qualified
green organization, or a lower percentage set in the annual operating budget resolution, up to
$25,000. This bill would implement one of the recommendations from the Green Economy Task
Force (see report excerpts on ©9). The Executive submitted a letter in support of Bill 40-12 and
included $500,000 in his FY14 recommend operating budget for this initiative (©34).
This program would be structured similarly to the County's Biotechnology Investment Incentive
Tax Credit Supplement (§20-76A). To provide some context, in 2012, the County provided
$500,000 in supplement funds. According to data provided by the Department of Economic
Development, there were 66 eligible transactions. The range of awards provided was $2,117.75
to $42,354.93 with the average award being $7,575.76.
The Department of Economic Development recommended several amendments to Bill 40-12.
These amendments would:
• Redefine "green product or service" as "a product or service that measures, prevents,
limits, minimizes or corrects environmental damage to water, air and soil, as well as
problems related to waste, ecosystems, biodiversity, habitat or natural resource depletion.
All claims related to environmental attributes, as applicable, for a product or service,
shall conform to current or future guidelines published by the Federal Trade Commission