Bill Text - HB119 (2007)

(New Title) relative to the sunset provision of the system benefits charge and the use of funds to pay administrative costs.


Revision: Jan. 11, 2010, midnight

CHAPTER 208

HB 119 – FINAL VERSION

05/31/07 1600s

2007 SESSION

07-0249

06/05

HOUSE BILL 119

AN ACT relative to the sunset provision of the system benefits charge and the use of funds to pay administrative costs.

SPONSORS: Rep. Foster, Hills 4; Rep. Kaen, Straf 7; Sen. Burling, Dist 5

COMMITTEE: Science, Technology and Energy

AMENDED ANALYSIS

This bill:

I. Repeals the sunset provision of the system benefits charge.

II. Limits the administrative costs that may be paid with system benefits charge funds.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

05/31/07 1600s

07-0249

06/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT relative to the sunset provision of the system benefits charge and the use of funds to pay administrative costs.

Be it Enacted by the Senate and House of Representatives in General Court convened:

208:1 Implementation. Amend RSA 374-F:4, VIII(c) to read as follows:

(c) The portion of the system benefits charge due to programs for low-income customers shall not exceed 1.5 mills per kilowatt hour. [The authority of the commission to impose such a charge shall terminate on June 30, 2008.] If the commission determines that the low-income program fund has accumulated an excess of $1,000,000 and that the excess is not likely to be substantially reduced over the next 12 months, it shall suspend collection of some or all of this portion of the system benefits charge for a period of time it deems reasonable.

208:2 Administrative Costs. 2005, 298:6, II is repealed and reenacted to read as follows:

II. No funds made available in section 2 of this act shall be used by any community action agency to pay administrative costs except those administrative costs associated with providing electric assistance to more than 30,000 households, and those costs directly associated with implementing software changes necessary to effectuate this emergency assistance program.

208:3 Effective Date.

I. Section 1 of this act shall take effect 60 days after its passage.

II. The remainder of this act shall take effect upon its passage.

Approved: June 25, 2007

Effective: I. Section 1 shall take effect August 24, 2007

II. Remainder shall take effect June 25, 2007