Revision: Dec. 2, 2019, 12:05 p.m.
HB 1229 - AS INTRODUCED
2020 SESSION
20-2430
10/06
HOUSE BILL 1229
AN ACT requiring proposed natural gas facilities to include decommissioning costs.
SPONSORS: Rep. Balch, Hills. 38; Rep. McGhee, Hills. 40; Rep. Bernet, Hills. 4
COMMITTEE: Science, Technology and Energy
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ANALYSIS
This bill requires proposed natural gas facility infrastructure to include decommissioning costs of a proposed facility in its application to the energy facility site evaluation committee.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20-2430
10/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
AN ACT requiring proposed natural gas facilities to include decommissioning costs.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Energy Facility Siting; Decommissioning Costs of natural Gas Facilties. Amend RSA 162-H by inserting after section 10-b the following new section:
162-H:10-c Decommissioning Costs of Natural Gas Facilties.
I. A proposed energy facility consisting of gas plants, equipment, and associated facilities designed to use any, or a combination of, natural gas, propane gas and liquefied natural gas, including gas pipelines, natural gas liquefication plants, gas storage facilities, and gas pressurizing stations, shall be required to include decommissioning costs of a proposed facility, as determined or approved by the committee, in an application under this chapter.
II. Upon obtaining a certificate to construct the natural gas energy facility, an amount equal to 25 percent of the decommissioning costs shall be kept and maintained by the facility in a separate fund to be used for decommissioning, protecting customer subscribers in the event of significant changes in regulatory procedures that do not allow continuation of services provided, or any other discontinuance of services provided.
III. The public utilities commission shall adopt rules for the compliance, audit, and use of the funds required to be kept under paragraph II.
2 Effective Date. This act shall take effect January 1, 2021.