Revision: Jan. 25, 2013, midnight
SB 123-FN-LOCAL – AS INTRODUCED
2013 SESSION
09/05
SENATE BILL 123-FN-LOCAL
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
SPONSORS: Sen. Stiles, Dist 24; Sen. Bradley, Dist 3; Sen. Odell, Dist 8; Sen. Fuller Clark, Dist 21; Rep. Kaen, Straf 5; Rep. Flanagan, Hills 26; Rep. Borden, Rock 24; Rep. John Hunt, Ches 11; Rep. Copeland, Rock 19
COMMITTEE: Energy and Natural Resources
This bill dedicates certain proceeds from the regional greenhouse gas initiative (RGGI) program to municipal and local government energy efficiency projects.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
13-0496
09/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Use of Auction Proceeds. Amend RSA 125-O:23, III to read as follows:
III. All remaining proceeds received by the state from the sale of allowances shall be allocated by the commission as an additional source of funding to electric distribution companies for core energy efficiency programs that are funded by SBC funds. For the biennium beginning July 1, 2013, up to $2,000,000 of these remaining RGGI proceeds shall be dedicated annually to program awards for municipal and local government energy efficiency projects, including local governments that have their own municipal utilities. For each biennium thereafter, the amount of proceeds available annually shall increase by 20 percent over the prior biennium. Program awards shall be made on a competitive application basis under the authority of the public utilities commission.
2 Effective Date. This act shall take effect July 1, 2013.
LBAO
13-0496
01/22/13
SB 123-FN-LOCAL - FISCAL NOTE
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
FISCAL IMPACT:
Due to time constraints, the Office of Legislative Budget Assistant is unable to provide a fiscal note for this bill, as introduced, at this time. When completed, the fiscal note will be forwarded to the Senate Clerk's Office.