HB493 (2017) Detail

Relative to evaluating the public interest of gas pipeline capacity contracts.


HB 493 - AS INTRODUCED

 

 

2017 SESSION

17-0379

06/03

 

HOUSE BILL 493

 

AN ACT relative to evaluating the public interest of gas pipeline capacity contracts.

 

SPONSORS: Rep. McConnell, Ches. 12; Rep. Roberts, Hills. 4; Rep. Lewicke, Hills. 26; Rep. O'Day, Ches. 11; Rep. Oxenham, Sull. 1; Sen. Avard, Dist 12; Sen. Sanborn, Dist 9

 

COMMITTEE: Science, Technology and Energy

 

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ANALYSIS

 

This bill requires the public utilities commission to determine if certain gas pipeline capacity contracts are in the public interest.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0379

06/03

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative to evaluating the public interest of gas pipeline capacity contracts.

 

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

 

1  New Section; Pipeline Capacity Contracts; Determination of Public Interest.  Amend RSA 374 by inserting after section 7-a the following new section:

374:7-b  Pipeline Capacity Contracts; Public Interest Determination.  Pursuant to RSA 374:7, the commission shall determine whether any gas pipeline capacity contract with a term of more than one year is in the public interest.  In evaluating the public interest, the commission shall specifically consider:

I.  Whether such capacity contract reasonably protects ratepayers from the risk of stranded or other costs from excess capacity or otherwise;

II.  Whether reasonably available alternatives providing the same or less risk would better serve the public interest; and

III.  Whether such capacity contract is consistent with RSA. 378:37 and other state energy policies.

2  Effective Date.  This act shall take effect 60 days after its passage.

Links

HB493 at GenCourtMobile

Action Dates

Date Body Type
Feb. 1, 2017 House Hearing
Feb. 21, 2017 House Exec Session
March 8, 2017 House Floor Vote

Bill Text Revisions

HB493 Revision: 639 Date: Jan. 27, 2017, 8:46 a.m.

Docket


March 9, 2017: Inexpedient to Legislate: MA VV 03/09/2017 HJ 10 P. 49


: Minority Committee Report: Ought to Pass


March 8, 2017: Majority Committee Report: Inexpedient to Legislate for 03/08/2017 (Vote 16-5; RC)


Feb. 21, 2017: Executive Session: 02/21/2017 02:00 PM LOB 304


Feb. 21, 2017: Full Committee Work Session: 02/21/2017 10:00 AM LOB 304


Feb. 1, 2017: Public Hearing: 02/01/2017 11:00 AM LOB 304


Jan. 5, 2017: Introduced 01/05/2017 and referred to Science, Technology and Energy HJ 3 P. 15