Texas Bond Review Board

Qualified Energy Conservation Bonds

Qualified Energy Conservation Bonds (QECBs) were first authorized by Congress in 2008 with a national volume cap limit of $800 million. The American Recovery and Reinvestment Act of 2009 (ARRA) increased the QECB volume cap by $2.4 billion to a total of $3.2 billion. Texas was allocated $252,378,000. The state must award allocations to large municipalties before the authority can be utilized. A list of cities and counties who received an allocation can be found here. Below is a list of additional resources and documents needed to file an application for authority.

Additional Resources
IRS Notice 2009-29 on QECB Allocations IRS Notice 2009-29
IRS Notice 2010-35 on Direct Pay QECBs IRS Notice 2010-35
Department of Energy QECB/CREB Primer QECB/CREB Primer
DOE Taking Advantage of QECBs Taking advantage of QECBs

Application Documents
QECB Application QECB Application.docx
Certification Regarding fees Fee Certification.doc
Fee Verification Fee Verification.doc
Municipality and County Waiver Form Waiver Form.docx
City and County Allocations Allocations.xlsx
 

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Texas Bond Review Board
P.O. Box 13292, Austin, TX 78711-3292
512-463-1741 

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