SB 1289 Natural gas utilities; qualified projects, investments in eligible infrastructure.
A. Benton "Ben" Chafin | all patrons    ...    notes
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Summary as enacted with Governor's Recommendation: (all summaries)

Qualified projects of natural gas utilities. Exempts any natural gas utility serving fewer than 2,000 residential customers and fewer than 350 commercial and industrial customers in the year in which the utility makes an investment for qualifying projects from the provision that limits the amount of investment that a natural gas utility may make in qualifying projects to one percent of its net plant investment that was used in establishing base rates in its most recent rate case. The existing exemption to the one percent cap was enacted in 2013 and applies to any natural gas utility serving fewer than 1,000 residential customers and fewer than 250 commercial and industrial customers in such year. Legislation enacted in 2012 established a mechanism for natural gas utilities to recover the eligible infrastructure development costs of a qualifying project through future rates. A qualifying project is an economic development project for which, among other things, the utility has received a binding commitment from the developer or occupant of the proposed project regarding capacity or a financial guaranty from the developer or state or local government in the amount of at least 50 percent of the estimated investment to be made in the proposed project. This bill is identical to HB 1671.

Full text:
01/10/17  Senate: Prefiled and ordered printed; offered 01/11/17 17101108D  pdf | impact statement
01/26/17  Senate: Printed as engrossed 17101108D-E  pdf | impact statement
02/13/17  Senate: Bill text as passed Senate and House (SB1289ER)  pdf | impact statement
02/24/17  Senate: Reenrolled bill text (SB1289ER2)  pdf
02/24/17  Governor: Acts of Assembly Chapter text (CHAP0253)  pdf

Amendments:
Senate amendments
Governor's recommendation

Status:
01/10/17  Senate: Prefiled and ordered printed; offered 01/11/17 17101108D
01/10/17  Senate: Referred to Committee on Commerce and Labor
01/23/17  Senate: Reported from Commerce and Labor with amendment (15-Y 0-N)
01/25/17  Senate: Constitutional reading dispensed (40-Y 0-N)
01/26/17  Senate: Read second time
01/26/17  Senate: Reading of amendment waived
01/26/17  Senate: Committee amendment agreed to
01/26/17  Senate: Engrossed by Senate as amended SB1289E
01/26/17  Senate: Printed as engrossed 17101108D-E
01/27/17  Senate: Read third time and passed Senate (39-Y 0-N)
01/31/17  House: Placed on Calendar
01/31/17  House: Read first time
01/31/17  House: Referred to Committee on Commerce and Labor
02/07/17  House: Reported from Commerce and Labor (21-Y 0-N)
02/09/17  House: Read second time
02/10/17  House: Read third time
02/10/17  House: Passed House BLOCK VOTE (95-Y 0-N)
02/10/17  House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
02/13/17  Senate: Enrolled
02/13/17  Senate: Bill text as passed Senate and House (SB1289ER)
02/13/17  Senate: Signed by President
02/13/17  House: Signed by Speaker
02/14/17  Senate: Enrolled Bill Communicated to Governor on 2/14/17
02/14/17  Governor: Governor's Action Deadline Midnight, February 21, 2017
02/21/17  Senate: Governor's recommendation received by Senate
02/23/17  Senate: Senate concurred in Governor's recommendation (39-Y 0-N)
02/24/17  House: House concurred in Governor's recommendation (92-Y 0-N)
02/24/17  House: VOTE: ADOPTION (92-Y 0-N)
02/24/17  Governor: Governor's recommendation adopted
02/24/17  Senate: Reenrolled
02/24/17  Senate: Reenrolled bill text (SB1289ER2)
02/24/17  Senate: Signed by President as reenrolled
02/24/17  House: Signed by Speaker as reenrolled
02/24/17  House: Enacted, Chapter 253 (effective 7/1/17)
02/24/17  Governor: Acts of Assembly Chapter text (CHAP0253)