Modifies provisions of the property assessment clean energy act

HB 1155 establishes a Property Assessed Clean Energy (PACE) program for commercial properties in Missouri, allowing property owners to finance energy efficiency upgrades (like insulation, solar panels, or efficient lighting) and renewable energy installations (such as solar or wind systems) through special property tax assessments. The bill creates local "clean energy development boards" that can collect annual assessments over up to 30 years as a lien on the property, excluding residential properties entirely. These boards, formed by municipalities, must report annual details on financed projects and assessments to local governments and the state. The program aims to streamline financing for commercial energy improvements while requiring compliance with local zoning and building regulations.