Revision: Jan. 31, 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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
Revised 01/31/13
SB 123 FISCAL NOTE
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
FISCAL IMPACT:
The Public Utilities Commission and Department of Environmental Services state this bill, as introduced, will increase local revenue and expenditures by $2,000,000 in FY 2014, $2,000,000 in FY 2015, $2,400,000 in FY 2016, and $2,400,000 in FY 2017. The Commission also states this bill may increase state expenditures by an indeterminable amount in FY 2014 and each year thereafter. There is no fiscal impact on state and county revenue, or county expenditures.
METHODOLOGY:
The Public Utilities Commission and Department of Environmental Services state this bill will direct that for the biennium beginning July 1, 2013, up to $2,000,000 of regional greenhouse gas initiatives be dedicated annually to program awards for municipal and local government energy efficiency projects. For each biennium thereafter, the amount shall increase by 20 percent over the prior biennium. This will result in local revenue and expenditures increasing by $2,000,000 in FY 2014, $2,000,000 in FY 2015, $2,400,000 in FY 2016, and $2,400,000 in FY 2017. The Commission and Department state the awards to the local governments are to be made on a competitive application process under the authority of the Commission. The Commission states administering the competitive application process and ranking the bidders may increase expenditures of the Commission by an indeterminable amount. The Commission anticipates the increased costs would result from the need for additional staff time and/ or a consultant, but is not clear the source of funds that should be used for any increased costs.
This bill does not contain authorization or an appropriation for additional positions.